Nirmala Sitharaman announces Rs 105 lakh cr infrastructure projects; to reach $5 tn target in next 5 years
5 years ago

Nirmala Sitharaman announces Rs 105 lakh cr infrastructure projects; to reach $5 tn target in next 5 years

Firstpost  

Infrastructure has been a focus in the last six years; total of Rs. 51 lakh crore has been spent on infra in the last six years, we are now committing 100 lakh crore rupees for the next five years At her second press conference held in less than a week, Finance Minister Nirmala Sitharaman on Tuesday announced infrastructure projects worth Rs 102 lakh crore. Will be adding Rs 3 lk cr to the Rs 102 lk cr worth of projs in 2-3 days, taking total infra investment to Rs 105 lk cr pic.twitter.com/wtmPaHaxQ2 — CNBC-TV18 December 31, 2019 India plans to invest about Rs 105 lakh crore in the infrastructure sector in the next five years to achieve the GDP target of $5 trillion by 2024-25. Called the National Infrastructure Pipeline, Sitharaman said Prime Minister Narendra Modi had said in his Independence Day speech that the government would invest Rs 100 lakh crore in infrastructure. Infrastructure projects worth Rs 102 lakh crore for next five years under National Infrastructure Pipeline will provide opportunities to all the stakeholders engaged in areas such as urban development, renewable sector, railways, irrigation, mobility, education, health, water and digital and will pave the way for long term development in all other areas.

Finance India Infrastructure Infrastructure Projects National Projects Private Sector Crore Centre Sector Sitharaman Spent Pipeline Worth Cnbc Finance Minister Lakh Cr Nip National Infrastructure Pipeline  tn  sitharaman  projects  crore  sector  rs  reach  pipeline  spent  nirmala  lakh  cr  target  infrastructure  national  worth

History of this topic

Karnataka clears projects worth Rs 9,823 crore, 5,600 jobs in state soon
2 weeks, 2 days ago

Karnataka clears projects worth Rs 9,823 crore, 5,600 jobs in state soon

India Today  

Karnataka approved nine major industrial projects worth Rs 9,823 crore, paving the way for over 5,600 new jobs. “During the meeting, Chief Minister Siddaramaiah announced that the first semiconductor project in the state would be established at the Kochanahalli Electronics Manufacturing Cluster near Mysuru,” an official statement said. Karnataka Approves 9 Projects Worth ₹10,144 Crore – To Create Nearly 6,000 …

9.4 lakh jobs! These 12 greenfield projects will provide a major boost to employment
2 weeks, 5 days ago

9.4 lakh jobs! These 12 greenfield projects will provide a major boost to employment

Live Mint  

The 12 green field projects under the government's National Industrial Corridor Development Project are expected to create employment opportunities for 9.4 lakh individuals, according to a year-end release by the Department of Promotion of Industry and Internal Trade on Friday. These greenfield projects under the National Industrial Corridor Development Project will require an investment of Rs28,602 crore and cover an …

India Govt to Spend ₹30K Crore on Rail Revamp
3 weeks ago

India Govt to Spend ₹30K Crore on Rail Revamp

Deccan Chronicle  

Chennai: The government is expected to spend more than Rs 30,000 crore on railway station redevelopment over the next two years. Of these, the estimated cost of redevelopment of major stations under the Rail Land Development Authority phase I is likely to be around Rs 17,000 crore. A total of 1318 stations are being considered for redevelopment under the Amrit …

₹100 trillion infrastructure plan to roll out over 5 years
1 month ago

₹100 trillion infrastructure plan to roll out over 5 years

Live Mint  

New Delhi: A grand plan to build India’s infrastructure to a new level is in the works. This person said the capital expenditure for infrastructure is likely to touch ₹100 trillion in five years, which would be used to transform India’s ports, airports, roads and other utilities. The blueprint would include a ₹20-trillion master plan to develop 50,000 km of …

Projects amounting to Rs 1.47 lakh cr completed under Smart Cities Mission
1 month, 1 week ago

Projects amounting to Rs 1.47 lakh cr completed under Smart Cities Mission

Deccan Chronicle  

Chennai: Around 91 per cent of the projects accounting for Rs 1.47 lakh crore under the Smart Cities Mission have been completed. As on November 15, 2024, under SCM, work orders have been issued in 8,066 projects amounting to Rs 1,64,669 crore, of which 7,352 projects amounting to Rs 1,47,366 crore or 91 per cent of total projects have been …

Cabinet approves THESE three mega railways projects, including Prayagraj–Manikpur line
1 month, 2 weeks ago

Cabinet approves THESE three mega railways projects, including Prayagraj–Manikpur line

India TV News  

Railways Minister Ashwini Vaishnaw on Monday said three big projects of Railways have been approved in the Cabinet meeting held today. It is pertinent to note that the three projects covering seven districts in three States i.e., Maharashtra, Madhya Pradesh and Uttar Pradesh will increase the existing network of Indian Railways by about 639 Kms. The projects are: Jalgaon – …

Public Support for Mega Infrastructure Projects in Maharashtra: A Turning Tide
2 months, 1 week ago

Public Support for Mega Infrastructure Projects in Maharashtra: A Turning Tide

The Hindu  

The article discusses the political significance of mega infrastructure projects in Maharashtra, with a focus on the Mumbai Metropolitan Region (MMR). The projects, including Metro Rail, Coastal Highway, and road widening, are seen as a way to woo voters in the MMR zone and the State's urban pockets. While these projects are lauded by some, others argue that they are …

Private capex to pick up, ₹4 lakh crore credit demand pipeline from India Inc: SBI Chairman
3 months, 2 weeks ago

Private capex to pick up, ₹4 lakh crore credit demand pipeline from India Inc: SBI Chairman

The Hindu  

Setty has said the bank has already got ₹4 lakh crore strong credit pipeline from India Inc and expressed hope that capital expenditure by the private sector is expected to pick up in the second half of the fiscal year. As far as public spending is concerned, Finance Minister Nirmala Sitharaman in the Budget proposed to raise the capital expenditure …

Remarkable progress towards trillion-dollar economy target: UP govt
4 months, 2 weeks ago

Remarkable progress towards trillion-dollar economy target: UP govt

Hindustan Times  

Lucknow: The Yogi Adityanath government on Tuesday claimed it had made remarkable progress in multiple sectors towards achieving the objective of making Uttar Pradesh a trillion-dollar economy. The Yogi Adityanath government on Tuesday claimed it had made remarkable progress in multiple sectors towards achieving the objective of making Uttar Pradesh a trillion-dollar economy. The secondary sector expanded to over ₹6.17 …

Centre approves 8 new rail projects; 14 districts across 7 states covered
4 months, 4 weeks ago

Centre approves 8 new rail projects; 14 districts across 7 states covered

Hindustan Times  

The Narendra Modi government on Friday approved eight new railway projects, saying they will “improve logistical efficiency by connecting the unconnected areas and enhancing transportation networks, resulting in streamlined supply chains and accelerated economic growth.” The Narendra Modi government on Friday approved eight new railway projects “PM Modi approved 8 big railway projects during the cabinet. 3 of these projects …

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar
5 months, 1 week ago

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar

Deccan Chronicle  

Vijayawada: Central funds of around Rs.80,000 crore are coming to Andhra Pradesh in the form of various projects and more funds will be channelled to the state through central schemes. Addressing the media in Guntur on Sunday, Union minister of state for rural development, Pemmasani Chandrasekhar, said,”No one had expected that the Centre would give as high as Rs.15,000 crore …

What’s the Budget push for infrastructure?
5 months, 1 week ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

​More for more: On the Union Budget and allocations
5 months, 2 weeks ago

​More for more: On the Union Budget and allocations

The Hindu  

Budgets of the Union or the States, as much as they are revenue and expenditure statements for the upcoming fiscal year, are also an exercise in political economy, and the recently tabled Union Budget for 2024-25 is no different. Aside from the “nine priorities”, beginning with provisions for the farm sector and attempts to boost employment, Union Finance Minister Nirmala …

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development
5 months, 2 weeks ago

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development

Deccan Chronicle  

Bhubaneswar: The Bharatiya Janata Party-led Odisha government on Thursday presented Rs.2.65 lakh crore budget for the financial year 2024-25 with more special focus on agriculture, infrastructure, welfare and Odia Asmita. Presenting the budget, Chief Minister Mohan Charan Majhi, who also holds the finance portfolio, proposed the administrative expenditure at Rs 97, 725 crore and the programme expenditure of Rs 1,55,000 …

Budget 2024: Placing thrust on infrastructure
5 months, 2 weeks ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among the major features of the big infrastructure push. The Indian economy’s …

Budget 2024: Growth, reforms and infrastructure
5 months, 2 weeks ago

Budget 2024: Growth, reforms and infrastructure

The Hindu  

The 2024 Budget signals policy continuity. Specifically, the Budget focuses on these key priorities - resilient agriculture, promoting skill development, driving employment and inclusivity, accelerating infrastructure development, energy security, fostering innovation and progressive reforms. Focus on infrastructure The government has earmarked an impressive capital expenditure of over ₹11 lakh crore, equivalent to 3.4% of the GDP, towards infrastructure development. By …

The budget echoes the Developed India vision
5 months, 2 weeks ago

The budget echoes the Developed India vision

Hindustan Times  

Finance minister Nirmala Sitharaman has meticulously assessed India’s economic vitality. New Delhi, India - July 23, 2024: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre, in New Delhi, India, on Tuesday, July 23, 2024. Budget 2024 unveiled a comprehensive strategy built on nine foundational pillars — agriculture, employment, inclusive development, manufacturing and services, urban …

Budget: FM announces ₹10 lakh crore for urban housing scheme
5 months, 2 weeks ago

Budget: FM announces ₹10 lakh crore for urban housing scheme

Hindustan Times  

New Delhi: A transit-oriented development framework for 14 large Indian cities, dormitory-type rental housing for industrial workers, and 10 million new houses for the urban poor were announced by Union finance minister Nirmala Sitharaman in her budget speech on Tuesday. Finance minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday In her record seventh budget presentation and the first …

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman
5 months, 2 weeks ago

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman

The Hindu  

In her seventh budget presentation, Finance Minister Nirmala Sitharaman announced allocating Rs 11 lakh, 11 thousand and 111 crore towards capital expenditure. She further urged, “We will encourage states to provide support of similar scale for infrastructure development based on their priorities.” The finance minister stated that private investment in infrastructure will be promoted through Viability Gap Funding and a …

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme
5 months, 2 weeks ago

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman said in her budget speech on Tuesday that the government would look to improve all-weather connectivity to 25,000 rural habitations by launching phase 4 of the Pradhan Mantri Grameen Sadak Yojana, which aims to link India’s hinterland with major economic centres. The government is expected to expand the definition of “rural habitations” in phase …

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt
5 months, 2 weeks ago

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt

Op India  

Finance Minister Nirmala Sitharaman, in her seventh consecutive Union Budget for 2024-25, outlined key priorities aimed at fostering economic growth and creating ample opportunities. She listed productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, research and development and next-generation reforms as nine priority areas …

Union Budget 2024: From farming, skilling to infrastructure, Sitharaman lists out nine priorities of Modi 3.0
5 months, 2 weeks ago

Union Budget 2024: From farming, skilling to infrastructure, Sitharaman lists out nine priorities of Modi 3.0

India TV News  

Union Finance Minister Nirmala Sitharaman on Tuesday listed the 7 priorities of the government in Budget 2024-25. Here are the government's seven priorities in the Union Budget 2024-25: Priority 1 in Budget -Productivity and Resilience in Agri Raising Productivity and Climate Resilient Varieties Thrust on Natural Farming: 2 crore farmers to be supported in next 2 years Atma Nirbharta in …

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech
5 months, 2 weeks ago

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech

India Today  

Union Finance Minister Nirmala Sitharaman presented the first budget of the Narendra Modi government’s third term on Tuesday in Parliament. Budget Priorities Productivity and resilience in Agriculture Employment & Skilling Inclusive Human Resource Development and Social Justice Manufacturing & Services Urban Development Energy Security Infrastructure Innovation, Research & Development and Next Generation Reforms Subsequent budgets will build on these, and …

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months, 2 weeks ago

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers

Hindustan Times  

July 23, 2024 9:02 PM IST Budget 2024 LIVE Updates: Supriya Paul, CEO & Co- Founder, Josh Talks, said, “The Union Budget 2024-25 represents a significant stride towards Bharat's development. The allocation of ₹1.48 lakh crore towards education, employment, and skills development is a substantial investment. By enhancing the quality of education and training, we are equipping our youth with …

Govt Refutes Stalin's Allegations Of Withholding Funds For TN Projects, Cites Hiked Funding In Schemes In 10 Yrs
5 months, 3 weeks ago

Govt Refutes Stalin's Allegations Of Withholding Funds For TN Projects, Cites Hiked Funding In Schemes In 10 Yrs

ABP News  

The Centre has dismissed Tamil Nadu Chief Minister M K Stalin's allegations that it was withholding funds for development projects in the southern state. The sources said five projects worth Rs 4,000 crore have been approved by the Centre in Tamil Nadu, out of which two have been completed. The sources said under the Fishery and Aquaculture Infrastructure Development Fund, …

Gadkari offers Rs 2 lakh crore for Karnataka road projects, demands land acquisition
6 months ago

Gadkari offers Rs 2 lakh crore for Karnataka road projects, demands land acquisition

New Indian Express  

BENGALURU: Union Minister for Road Transport and Highways Nitin Gadkari has said that his ministry is ready to give Rs 2 lakh crore to Karnataka within one month to undertake various road projects, provided the Congress State Government gives the required land. Recalling that Chief Minister Siddaramaiah and Deputy CM DK Shivakumar met him in New Delhi recently, Gadkari said, …

Tamil Nadu CM Stalin announces development of additional 10,000 km rural roads
6 months, 2 weeks ago

Tamil Nadu CM Stalin announces development of additional 10,000 km rural roads

Deccan Chronicle  

Chennai: Tamil Nadu Chief Minister M K Stalin on Monday announced in the Assembly that in the next two years, additionally, 10,000 km rural roads will be developed under the CM's Village Roads Development Scheme at an estimated cost of Rs 4,000 crore. Under the Chief Minister's Village Roads Development Scheme announced by him on January 13, 2023 in the …

CM Siddaramaiah wants action plan to spend Rs 5,000 cr for Kalyana Karnataka development
6 months, 3 weeks ago

CM Siddaramaiah wants action plan to spend Rs 5,000 cr for Kalyana Karnataka development

Deccan Chronicle  

Chief Minister Siddaramaiah has asked to prepare an action plan by July 15 to utilize the budget allocation of Rs 5,000 crore for the Kalyana Karnataka region.During a review meeting of the Kalyana Karnataka Regional Development Board, Siddaramaiah instructed that tenders for approved works should be issued immediately and emphasized the need for a thorough evaluation of the projects.He stressed …

CM Jagan unveils Rs 1 lakh crore grandiose plan for Vizag
10 months ago

CM Jagan unveils Rs 1 lakh crore grandiose plan for Vizag

Deccan Chronicle  

Visakhapatnam: Chief Minister Y.S. Among the other proposals, he said Rs 530 crore would be spent on new roads, Rs 451 crore for road-widening, Rs 360 crore for bus transport sector, Rs 161 crore for foot overbridge and walkways, `127 crore for footpath construction and Rs 124 crore for 12 off street parking locations. In addition, Rs 50 crore would …

TN Budget 2024: DPR for Kovai, Madurai metro projects submitted, but will Centre fund?
10 months, 2 weeks ago

TN Budget 2024: DPR for Kovai, Madurai metro projects submitted, but will Centre fund?

New Indian Express  

CHENNAI: Touching upon the metro rail projects of the state, Minister for Finance Thangam Thennarasu on Monday announced that the state has allocated a total of Rs 12,000 crore coming financial year for Phase II work of the Chennai Metro Rail project. He also announced that the detailed project reports for the metro rail projects in Coimbatore and Madurai have …

Capital expenditure revised downwards for 2023-24 - The Hindu
10 months, 2 weeks ago

Capital expenditure revised downwards for 2023-24 - The Hindu

The Hindu  

Tamil Nadu budget has revised the capital expenditure downwards to ₹42,532 crore in revised estimates for 2023-24 from ₹44,366 crore in the budget estimates. The capital expenditure goes towards creation of fixed assets such as roads and bridges, irrigation structures, schools, hospitals, along with investments made in Public Sector Undertakings. For 2024-25, the State has estimated its capital expenditure to …

Highway Building Improves to 25 Km Per Day With Ministry Spending Rs 2.28 Lakh Crore Till Jan
10 months, 3 weeks ago

Highway Building Improves to 25 Km Per Day With Ministry Spending Rs 2.28 Lakh Crore Till Jan

News 18  

The pace of highway building in the country improved to 25 kilometres per day on average this financial year till January, up from 22 km daily for the same period during the previous year, Ministry of Road Transport and Highways data shows. This year, the ministry has built 7,658 km of national highway till January 31, up from 6,803 during …

On Track: MoRTH, Railways Use Up More Than 75% Capex Target Till Third Quarter of 2023-24 Fiscal
10 months, 3 weeks ago

On Track: MoRTH, Railways Use Up More Than 75% Capex Target Till Third Quarter of 2023-24 Fiscal

News 18  

Two of the biggest infrastructure ministries – road transport and highways as well as railways – have used more than 75 percent of the capital expenditure in the first nine months of the current fiscal. According to data from the ministry, the railways, which got Rs 2.62 lakh crore for the ongoing financial year, has spent Rs 1.95 lakh crore …

Focus on infrastructure to propel state’s growth: Odisha Finance Minister
11 months ago

Focus on infrastructure to propel state’s growth: Odisha Finance Minister

New Indian Express  

BHUBANESWAR : Finance Minister Bikram Keshari Arukha described the interim budget placed by him in the Assembly on Thursday as growth-oriented and meant for welfare of people. The finance minister has proposed Rs 6,194 crore for road development programme and Rs 100 crore for Biju Expressway. Chief Minister Naveen Patnaik had approved the Metro rail project for Bhubaneswar connecting Biju …

Cabinet Approves Six Rail Projects Worth Rs 12,343 Cr
11 months ago

Cabinet Approves Six Rail Projects Worth Rs 12,343 Cr

News 18  

The Cabinet Committee on Economic Affairs has approved six projects of the railway ministry with an estimated cost of around Rs 12,343 crore, the government said in a statement on Thursday. “Thanks to Prime Minister Narendra Modi for approving six multi tracking projects in Rajasthan, Assam, Telangana, Gujarat, Andhra Pradesh and Nagaland worth Rs 12,343 crore,” Railway Minister Ashwini Vaishnaw …

UP Budget: State Allocates Rs 7.36 Lakh Crore, Focuses On Infra, Women, Youth, And Farmer Development
11 months ago

UP Budget: State Allocates Rs 7.36 Lakh Crore, Focuses On Infra, Women, Youth, And Farmer Development

ABP News  

The Uttar Pradesh government on Monday presented the budget for financial year 2024-25 with an allocation of Rs 7.36 lakh crore, prioritising infrastructure development as well as welfare of women, youths and farmers. For the operation of various programs under the National Rural Health Mission, a provision of Rs 7,350 crore has been proposed in the financial year 2024-2025. Under …

Railway Budget 2024: Centre Allocates Rs 10,369 Crore For Infrastructure Projects In Northeast
11 months, 1 week ago

Railway Budget 2024: Centre Allocates Rs 10,369 Crore For Infrastructure Projects In Northeast

ABP News  

New Delhi: Railways Minister Ashwini Vaishnaw on Thursday said the gross budgetary allocation for railway infrastructure projects in the northeast for the financial year 2024-25 is Rs 10,369 crore, which is 388 per cent higher as compared to average budget allocation of Rs 2,122 crore during 2009-14. During an interaction with media persons from the northeast in the national capital …

Budget 2024 | Road sector budget sees a nominal hike of 2.7%
11 months, 1 week ago

Budget 2024 | Road sector budget sees a nominal hike of 2.7%

The Hindu  

After a massive jump in allocation every consecutive year in the recent past, this year’s budgetary allocation for the road sector saw a measly 2.7% increase. The Interim Budget set aside ₹2,78,000 crore for the Ministry of Road Transport and Highways as compared to the ₹2,70,434 crore in the budget estimate for this fiscal. Of the total budgetary grant, ₹1,68,464 …

Budget 2024: More Power to Infrastructure as Capex Outlay Increased to Rs 11.11 Lakh Crore
11 months, 1 week ago

Budget 2024: More Power to Infrastructure as Capex Outlay Increased to Rs 11.11 Lakh Crore

News 18  

Ensuring more power to infrastructure development for economic growth and employment creation, a large sum of Rs 11,11,111 crore has been set aside as the capital expenditure outlay in the interim budget 2024. “Building on the massive tripling of the capital expenditure outlay in the last four years, resulting in a huge multiplier impact on economic growth and employment creation, …

India Needs $840 Billion Investment In Infra By 2036: World Bank
11 months, 1 week ago

India Needs $840 Billion Investment In Infra By 2036: World Bank

Deccan Chronicle  

Chennai: By 2036, India will need to invest $840 billion in infrastructure - an average of $55 billion or 1.2 per cent of GDP per annum, finds the World Bank. By 2036, India will need to invest $840 billion in infrastructure - an average of $55 billion or 1.2 per cent of GDP per annum. However, estimates suggest that between …

PM Gati Shakti: Rs 9,600 Cr Infrastructure Projects Recommended
11 months, 2 weeks ago

PM Gati Shakti: Rs 9,600 Cr Infrastructure Projects Recommended

Deccan Chronicle  

Three infrastructure projects of roads and railways worth Rs 9,600 crore have been recommended for approval under the PM Gati Shakti initiative. The inter-ministerial NPG meets every fortnight and appraises infra projects to ensure multi-modality, synchronisation of efforts, and comprehensive development in and around the project location. All logistics and connectivity infrastructure projects, entailing investments of over Rs 500 crore …

Vision 2047: Infra to be biggest driver for growth push
1 year ago

Vision 2047: Infra to be biggest driver for growth push

Live Mint  

New Delhi: India’s infrastructure sector is set to become the biggest driver for the country that aspires to become a $5 trillion economy soon and a developed nation by 2047. The newly adopted Vision 2047 document also lays emphasis entirely on infrastructure growth scaling up the pace of development of railways, roads, and ports surpassing most developed countries. Instruments like …

₹1 lakh crore investment in new trains, says Rail Minister Ashwin Vaishnav
1 year ago

₹1 lakh crore investment in new trains, says Rail Minister Ashwin Vaishnav

Live Mint  

The Indian Railways is looking to acquire new trains with a total investment of ₹1 lakh crore over the next few years, Union Railways Minister Ashwini Vaishnaw told The Economic Times. This will entail floating train procurement tenders worth around ₹1 lakh crore which will be honoured over the next 15 years by replacing the older rolling stock," Vaishnaw said. …

Modi to Inaugurate Mega Development Projects Worth Crores in MP and Rajasthan
1 year, 3 months ago

Modi to Inaugurate Mega Development Projects Worth Crores in MP and Rajasthan

Deccan Chronicle  

NEW DELHI: Prime Minister Narendra Modi will be visiting poll-bound Madhya Pradesh and Rajasthan on October 5 will launch development projects worth several thousand crore during his visit. In Rajasthan, the Prime Minister will lay the foundation stone and dedicate multiple development projects worth about Rs 5,000 crore at Jodhpur in sectors like road, rail, aviation, health and higher education. …

PM Modi inaugurates infrastructure projects worth ₹13,500 crore in Telangana
1 year, 3 months ago

PM Modi inaugurates infrastructure projects worth ₹13,500 crore in Telangana

Hindustan Times  

Prime Minister Narendra Modi on Sunday laid the foundation stone for several developmental projects and inaugurated other finished structures, in total worth more than ₹13,500 crore via videoconferencing in Mahabubnagar district in Telangana. In addition, the Indian government is establishing a Central Tribal University in Mulugu district of Telangana at a cost of ₹900 crore, and this university will be …

PM to unveil developmental projects worth ₹13,500 crore in Telangana
1 year, 3 months ago

PM to unveil developmental projects worth ₹13,500 crore in Telangana

Live Mint  

New Delhi: Prime Minister Narendra Modi will unveil multiple developmental projects worth more than ₹13,500 crore in Telangana on Sunday, the prime minister's office said in a statement on Friday. The Prime Minister will also lay the foundation stone of important road projects related to Nagpur–Vijayawada Economic Corridor, inaugurate road projects related to Hyderabad-Visakhapatnam Corridor developed under Bharatmala Pariyojana, lay …

As many as 412 infra projects show cost overruns of ₹4.77 lakh crore in August: Report
1 year, 3 months ago

As many as 412 infra projects show cost overruns of ₹4.77 lakh crore in August: Report

The Hindu  

As many as 412 infrastructure projects, each entailing an investment of ₹150 crore or more, have been hit by cost overruns of more than ₹4.77 lakh crore in August this year, an official report said. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects worth ₹150 crore and above, out of 1,762 projects, 412 reported cost …

Infrastructure major gets Letter of Intent for new infra project in Gujarat as India eyes developed nation tag
1 year, 3 months ago

Infrastructure major gets Letter of Intent for new infra project in Gujarat as India eyes developed nation tag

India TV News  

Infrastructure is pivotal to economic growth. The government's focus on the country's infrastructural needs through various schemes and policies is key to achieving the 2047 vision of reclassifying from a developing economy to a developed economy. Looking to cash in on the opportunity, Gujarat-based infra major Shashijit Infraprojects has announced that it has secured a Letter of Intent from Hari …

How India is racing to secure its borders against China
1 year, 3 months ago

How India is racing to secure its borders against China

India Today  

Indian reaction to Chinese infrastructure activity on the Line of Actual Control as well as along the McMahon Line in the Northeast has picked up over the past few years, especially since the Galwan Valley clash in eastern Ladakh between Indian and Chinese troopers in June 2020. In line with India’s continued infrastructure push at the borders, defence minister Rajnath …

Rajnath Singh inaugurates 90 infra projects, including Arunachal's Nechiphu Tunnel, J&K's Devak bridge
1 year, 3 months ago

Rajnath Singh inaugurates 90 infra projects, including Arunachal's Nechiphu Tunnel, J&K's Devak bridge

India TV News  

Defence Minister Rajnath Singh on Tuesday inaugurated 90 infrastructure projects of the Border Roads Organisation in several states. The BRO completed the critically strategic projects in record time and several of them were constructed in a single working season using state-of-the-art technology, the spokesperson said. The defence minister also laid the e-foundation of Nyoma airfield in eastern Ladakh which will …

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