Budget 2024: Three new economic corridors for railways, says Finance Minister in speech
10 months, 3 weeks ago

Budget 2024: Three new economic corridors for railways, says Finance Minister in speech

The Hindu  

Touching upon measures that will be taken to expand India’s railway infrastructure, Finance Minister Nirmala Sitharaman announced three major railway economic corridors. Ms. Sitharaman said that railway projects have been identified under the PM Gati Shakti Yojana for enabling multi-modal connectivity. She also highlighted that decongestion of high traffic corridors will result in improving operations, which in turn would “result in safety and higher travel speeds for passengers.” Ms. Sitharaman emphasised that these corridors, along with dedicated freight corridors, will “accelerate our GDP and reduce logistic costs.” Interim Budget 2024 LIVE Coverage : Nirmala Sitharaman presents Budget She announced that 40,000 normal rail bogeys will be converted to Vande Bharat standards, “to enhance safety, convenience and safety of passengers.” Ms. Sitharaman also touched upon the aviation sector, saying that it has been “galvanized” in the past 10 years, and that the number of airports has increased to 149. The roll-out of air connectivity to tier-2 and tier-3 schemes under Udaan scheme has been successful and Indian carriers have pro-actively placed orders for over 1,000 new aircraft, she shared.

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History of this topic

Metro Phase-II expansion to add 76.4 km, 54 stations in Hyderabad
3 weeks, 6 days ago

Metro Phase-II expansion to add 76.4 km, 54 stations in Hyderabad

New Indian Express  

HYDERABAD: With increasing demand from several quarters, Part A of Phase-II of Hyderabad Metro expansion will see the establishment of five corridors spanning 76.4 km across 54 stations at a cost of Rs 24,269 crore, said NVS Reddy, managing director, HAML & HMR, on Monday. While three corridors from Phase-1 are operational, the new corridors include Shamshabad-RGIA Airport corridor, Raidurg-Kokapet …

Modi govt approves 3 big Railway projects for Maharashtra, Madhya Pradesh and Uttar Pradesh at a cost of ₹7,927 crore
4 weeks ago

Modi govt approves 3 big Railway projects for Maharashtra, Madhya Pradesh and Uttar Pradesh at a cost of ₹7,927 crore

Live Mint  

The Narendra Modi government on Monday approved three railway projects covering seven districts of Maharashtra, Madhya Pradesh and Uttar Pradesh. Further, the government stated that the projects will promote tourism through improved access to various attractions such as Khajuraho UNESCO World Heritage Site, Ajanta & Ellora Caves UNESCO World Heritage Site, Devgiri Fort, Asirgarh Fort, Rewa Fort, Yawal Wildlife Sanctuary, …

Cabinet approves THESE three mega railways projects, including Prayagraj–Manikpur line
4 weeks, 1 day 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 – …

Revamping India’s connectivity: NPG reviews eight key infrastructure projects
1 month ago

Revamping India’s connectivity: NPG reviews eight key infrastructure projects

Live Mint  

New Delhi: The Network Planning Group under the PM Gati Shakti initiative has reviewed eight critical infrastructure projects, including road and rail proposals, aimed at strengthening multimodal connectivity and addressing logistical inefficiencies. “These projects reflect the government’s commitment to ensuring synchronised and outcome-driven infrastructure development to support economic growth and regional integration,” the ministry added. Eight evaluated The eight projects …

Budget 2024: Placing thrust on infrastructure
5 months 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: Government keeps focus on critical areas
5 months ago

Budget 2024: Government keeps focus on critical areas

The Hindu  

The world is witnessing unprecedented disruptions and uncertainty. To avail of these opportunities, multiple steps were necessary: strong capital expenditure and infrastructure push by the Indian government; significant support to small and medium enterprises; job creation and skill development; and enhancing the purchasing power of both urban and rural Indian consumers. The announcements by the Finance Minister of schemes such …

2024 Union Budget: Industrial parks in or around 100 cities to be developed, announces FM
5 months ago

2024 Union Budget: Industrial parks in or around 100 cities to be developed, announces FM

The Hindu  

Focusing on India’s industries, Union Finance Minister Nirmala Sitharaman on Tuesday, announced that twelve new industrial parks will be developed under the National Industrial Corridor Development programme in her Budget speech for 2024-25. Budget 2024 LIVE News, highlights: July 23 “Industrial parks with complete infrastructure in or near 100 cities will be developed. Twelve industrial parks under the National Industrial …

Budget 2024: Bihar to get new airports, medical colleges and highways, announces Sitharaman
5 months ago

Budget 2024: Bihar to get new airports, medical colleges and highways, announces Sitharaman

India TV News  

Finance Minister Nirmala Sitharaman on Tuesday presented her seventh straight Budget for the fiscal 2024-25. The FM made major announcements for Bihar including new airports, highways and educational institutions. We will also support the development of road connectivity projects- Patna -Purnea expressway, Buxar- Bhagalpur highway, Bodhgaya- Rajgir-Vaishali- Darbhanga and an additional two-lane bridge over river Ganga in Buxar for Rs …

Railway Budget 2024: Key investments to propel Indian Railways' infrastructure forward
5 months ago

Railway Budget 2024: Key investments to propel Indian Railways' infrastructure forward

India TV News  

As India aims to become the third-largest economy with a projected GDP of $5 trillion in the next three years, the Railway Budget 2024-25 is expected to play a pivotal role in infrastructure development. Key expectations include significant budgetary allocations, high-speed rail projects, safety upgrades, environmental sustainability, digital transformation, and modernisation of railway stations and coaches. Key budget expectations for …

India world's 3rd largest domestic aviation market; increase in flights benefitted small cities: President
5 months, 3 weeks ago

India world's 3rd largest domestic aviation market; increase in flights benefitted small cities: President

New Indian Express  

NEW DELHI: India is the world's third largest domestic aviation market and the increase in flight routes in the last 10 years has benefitted Tier 2 and 3 cities, President Droupadi Murmu said on Thursday. "India is the world's third largest domestic aviation market," she said, adding that in April 2014, there were only 209 airline routes, which increased to …

Karnataka Budget: CM proposes dedicated economic corridor between Bengaluru, Mangaluru
10 months, 1 week ago

Karnataka Budget: CM proposes dedicated economic corridor between Bengaluru, Mangaluru

The Hindu  

Chief Minister Siddaramaiah proposed to develop a dedicated economic corridor between Bengaluru and Mangaluru besides announcing feasibility study to construct an international cruise and tourism port in Dakshina Kannada district. Presenting Karnataka’s budget 2024-25 in Bengaluru on February 16, Mr. Siddaramaiah said dedicated economic corridors provide a robust network of infrastructure to stimulate economic development. Mr. Siddaramaiah announced commissioning of …

Union Budget 2024-25: Infrastructure Allocation and Economic Corridors in Focus
10 months, 3 weeks ago

Union Budget 2024-25: Infrastructure Allocation and Economic Corridors in Focus

New Indian Express  

The energy, mineral, and cement transport corridors are designed to facilitate the smooth movement of coal, iron ore, bauxite, and cement. However, amidst growing concerns over pollution, climate change debate and India’s commitment towards net zero emissions, there is a pressing need to reevaluate the long-term demand of energy, cement, coal, etc. Although the corridors hold promise for boosting GDP …

Budget 2024: Govt plans to set up three economic railway corridors, 40,000 trains will be upgraded to Vande Bharat
10 months, 3 weeks ago

Budget 2024: Govt plans to set up three economic railway corridors, 40,000 trains will be upgraded to Vande Bharat

Firstpost  

Finance Minister Nirmala Sitharaman’s Interim Budget for 2024-25 has proposed a significant boost to the Indian Railways, with plans to establish three major economic railway corridors Energy, Mineral and Cement corridor, Port Connectivity Corridor and a High Traffic Density Corridor aimed at reducing congestion and logistics costs in India. Besides, the budget proposal includes the upgrading of approximately 40,000 trains …

Budget 2024: What is 'game-changing' India-Middle East-Europe corridor? Here's all you need to know
10 months, 3 weeks ago

Budget 2024: What is 'game-changing' India-Middle East-Europe corridor? Here's all you need to know

India TV News  

The India-Middle East-Europe trade corridor, announced during the G20 Summit last year, will be a game-changer for India and the rest of the world, said finance minister Nirmala Sitharaman in her budget speech. Prime Minister Narendra Modi announced the launch of the economic corridor in September 2023, which involves India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany, …

Budget 2024: 40,000 rail bogies to converted to Vande Bharat standards
10 months, 3 weeks ago

Budget 2024: 40,000 rail bogies to converted to Vande Bharat standards

Live Mint  

New Delhi: In a move to modernize the Indian Railways, the Centre on Thursday announced an ambitious programme to upgrade 40,000 standard rail coaches to Vande Bharat standards. This initiative, announced by finance minister Nirmala Sitharaman in while presenting the interim budget for fiscal year 2024-25, aims to elevate the safety, convenience, and comfort of rail travel while also providing …

UDAN: 517 Routes Created Connecting 76 Airports; Over 130 Lakh Passengers Availed Benefits of Scheme
1 year ago

UDAN: 517 Routes Created Connecting 76 Airports; Over 130 Lakh Passengers Availed Benefits of Scheme

News 18  

More than 130 lakh people have availed the benefits of the UDAN scheme, which caters to unserved and underserved airports of the country. Minister of state for civil aviation Gen VK Singh told the Rajya Sabha in a written reply that under the UDAN scheme, 517 routes have commenced operations connecting 76 airports, including nine heliports and two water aerodromes. …

Govt says UDAN generating demand for new aircraft; 499 routes operationalised so far
1 year, 1 month ago

Govt says UDAN generating demand for new aircraft; 499 routes operationalised so far

The Hindu  

The government on Thursday said 499 routes have been operationalised so far under the regional air connectivity scheme UDAN, which was launched six years ago, and has facilitated the travel of more than 1.3 crore people. The scheme, also known as UDAN, is contributing to the growth of the civil aviation industry, as four new airlines have come up in …

Budget 2023 recognises infrastructure as nation’s growth engine
1 year, 10 months ago

Budget 2023 recognises infrastructure as nation’s growth engine

Firstpost  

We welcome Budget 2023 which continues to lay focus on infrastructure development as being the growth engine of the Indian economy. The increased outlay for Railways, and attempt to prioritise the 100 critical transport infrastructure projects and regional connectivity is also quite commendable. This investment along with PM Gati Shakti launched last year to provide multimodal connectivity infrastructure to all …

Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM
1 year, 10 months ago

Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM

Hindustan Times  

Finance Minister Nirmala Sitharaman on Wednesday announced that the Centre will continue 50-year interest-free loans to state governments for one more year. Budget 2023: ‘50-year interest-free loans for states to continue…’, says FM Check budget live updates here Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment. On October …

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman
1 year, 10 months ago

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 announced that the Centre will continue 50-year interest-free loans to State governments for one more year. Budget 2023 | Record allocation of ₹2.4 lakh crore for Railways On October 13 last year, Prime Minister Narendra Modi had launched the Gati Shakti - National Master Plan, aimed at developing integrated infrastructure to reduce logistics …

Budget 2023: Modi govt allocates Rs 2.40 lakh crore for Railways, announces Sitharaman
1 year, 10 months ago

Budget 2023: Modi govt allocates Rs 2.40 lakh crore for Railways, announces Sitharaman

India TV News  

Budget 2023: The Modi government on Wednesday announced that it has fixed capital outlay of Rs 2.40 lakh crore for railways in financial year 2023-24, as the Finance Minister Nirmala Sitharaman presented her 5th budget in the Parliament. BUDGET 2023: FULL COVERAGE Among other announcements regarding the infrastructure development, Sitharaman said that the states and cities will be encouraged to …

Economic Survey 2022-23 | PM GatiShakti, National Logistics Policy to support India's economic growth
1 year, 10 months ago

Economic Survey 2022-23 | PM GatiShakti, National Logistics Policy to support India's economic growth

The Hindu  

Support for India's economic growth will come from path-breaking measures such as PM GatiShakti, National Logistics Policy and Production-Linked Incentives schemes, according to the Economic Survey 2022-23. The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman on January 31. Union Budget Session | Two colleges established in the country every day, says President Murmu Noting that …

Modi govt 8 years: How PM developed urban infrastructure with swanky expressways, railways and airports
2 years, 6 months ago

Modi govt 8 years: How PM developed urban infrastructure with swanky expressways, railways and airports

India TV News  

Modi Govt 8 Years: Better infrastructure is one of the most important requirements for a strong economy as it helps set new businesses, and eases commute and logistics. The Narendra Modi government came to power on the plank of development and has focused immensely on developing better infrastructure across all sectors be it national highways, trains, new airports among others. …

Budget 2022: This budget drafted with vision of making a new India, says Tripura CM
2 years, 10 months ago

Budget 2022: This budget drafted with vision of making a new India, says Tripura CM

Firstpost  

Tripura chief minister Biplab Kumar Deb said that this budget is an embodiment of Prime Minister Narendra Modi’s promises to fulfil the aspiration of people Agartala: Tripura Chief Minister Biplab Kumar Deb on Tuesday hailed the Union Budget for the 2022-23 fiscal, asserting that it is an embodiment of Prime Minister Narendra Modi’s promises to fulfil the aspiration of people …

Budget 2022: National highways network to be expanded by 25,000km
2 years, 10 months ago

Budget 2022: National highways network to be expanded by 25,000km

Hindustan Times  

NEW DELHI: Finance minister Nirmala Sitharaman, in her Budget speech on Tuesday, announced that the country’s national highways will be expanded by 25,000km in 2022-23 under the Prime Minister’s Gati Shakti National Master Plan for Multi-modal Connectivity. Finance minister Nirmala Sitharaman presents the Union Budget. This means 70km roads per day will be built, which is almost double the rate …

Budget Highlights 2022: Digital Rupee to 5G to Crytpo Tax, Top 20 Announcements by Nirmala Sitharaman
2 years, 10 months ago

Budget Highlights 2022: Digital Rupee to 5G to Crytpo Tax, Top 20 Announcements by Nirmala Sitharaman

News 18  

Union Finance Minister Nirmala Sitharaman listed inclusive development, productivity enhancement, energy transition and climate action as the four pillars of development as she presented Union Budget 2022 in Parliament on Tuesday. From digital rupee and 5G rollout to the PM Gati Shakti Master Plan to the Tele Mental Health Program, Nirmala Sitharaman made several key announcements in her shortest Budget …

Union Budget 2022-23 seeks to lay foundation for India's growth over next 25 years, says Nirmala Sitharaman
2 years, 10 months ago

Union Budget 2022-23 seeks to lay foundation for India's growth over next 25 years, says Nirmala Sitharaman

Firstpost  

The finance minister said the government’s focus will continue on boosting public investment to modernise infrastructure New Delhi: Union Budget 2022-23 will lay the foundation for India’s economic growth and expansion for the next 25 years, Finance Minister Nirmala Sitharaman said while presenting the budget in the Lok Sabha on Tuesday. “This Union Budget seeks to lay the foundation and …

Budget 2022: Sitharaman announces 400 new generation Vande Bharat trains during next 3 years
2 years, 10 months ago

Budget 2022: Sitharaman announces 400 new generation Vande Bharat trains during next 3 years

India TV News  

Highlights Efforts of central and state govts are leading to jobs, Sitharaman said National highways will be extended by 25,000 km during 2022-23, Sitharaman said The finance minister also announced the popularisation of 'One product one railway station' Railways will develop new products for small farmers and MSMEs, Finance Minister Nirmala Sitharaman said on Tuesday. Speaking further, the finance minister …

Budget 2022: FM Sitharaman outlines Govt's 4 big priorities, including PM Gati Shakti
2 years, 10 months ago

Budget 2022: FM Sitharaman outlines Govt's 4 big priorities, including PM Gati Shakti

India Today  

Finance Minister Nirmala Sitharaman in her Union Budget 2022 speech on Tuesday outlined the government's four big priorities. These four big priorities include the Narendra Modi government's ambitious project, PM Gati Shakti. FOUR BIG PRIORITIES "Moving forward on this parallel track, we lay the following four priorities - PM Gati Shakti, inclusive development, productivity enhancement and investment, sunrise opportunities, energy …

'Laying Foundation for Next 25 Years': PM Modi Launches GatiShakti Master Plan for Multi-Modal Connectivity
3 years, 2 months ago

'Laying Foundation for Next 25 Years': PM Modi Launches GatiShakti Master Plan for Multi-Modal Connectivity

News 18  

Prime Minister Narendra Modi on Wednesday said that quality infrastructure is a way to sustainable development which can build the economy and generate employment. Addressing the launch event of the PM GatiShakti Master Plan, PM Modi said: “Infrastructure development has been far from the priority of most of the political parties. It was never part of their manifesto… but it …

Govt targets 1,000 routes under UDAN scheme: Puri
3 years, 10 months ago

Govt targets 1,000 routes under UDAN scheme: Puri

Deccan Chronicle  

Raipur: Union Civil Aviation Minister Hardeep Singh Puri on Sunday said his ministry has set a target of operationalising 100 unserved and underserved airports and starting at least 1,000 air routes under the UDAN scheme. Addressing a press conference at the BJP's state office Kushabhau Thakre Parisar here over the Union Budget 2021-22, Puri also said that domestic flight services …

Railways to be catalyst of change for Aatmanirbhar Bharat: Piyush Goyal
3 years, 10 months ago

Railways to be catalyst of change for Aatmanirbhar Bharat: Piyush Goyal

India TV News  

Railways Minister Piyush Goyal on Thursday said that the 2021 Budget has focussed on infrastructure projects in Indian Railways and the highest capital expenditure will act as a huge catalyst to revitalise the economy and lead towards Aatmanirbhar Bharat. Addressing a press conference, he said that Indian Railways is marching ahead on its bigger plan like achieving 100 per cent …

Budget 2021: Road Infrastructure In Poll-Bound States Finds Front Seat In FM's Big-Ticket Announcements
3 years, 10 months ago

Budget 2021: Road Infrastructure In Poll-Bound States Finds Front Seat In FM's Big-Ticket Announcements

ABP News  

The four-poll bound states of Assam, Tamil Nadu, Kerala and West Bengal found special mention as Union Finance Minister Nirmala Sitharaman presented the Union Budget for 2021-22 in the Lok Sabha on Monday. READ: What Became Costlier, What Got Cheaper - Check Complete List She announced 3,500 km of National Highway works in Tamil Nadu, including the Madurai-Kollam corridor, Chittoor-Thatchur …

Budget 2021: From airports to railways, government is on monetisation spree
3 years, 10 months ago

Budget 2021: From airports to railways, government is on monetisation spree

India Today  

Budget 2021 saw the government pushing for divestment. GOVERNMENT ON A MONETISATION SPREE Airports FM Nirmala Sitharaman, while presenting the budget, said, "Airport Authority of India will monetise airports in tier-2,3 cities." Oil Pipelines Pipelines of GAIL Ltd, Indian Oil Corp and HPCL will be monetised, Nirmala Sitharaman said. Railways The railways will monetise dedicated freight corridors, said Nirmala Sitharaman. …

Budget 2021: 4 poll-bound states get funds for developing road infrastructurea
3 years, 10 months ago

Budget 2021: 4 poll-bound states get funds for developing road infrastructurea

Hindustan Times  

Finance minister Nirmala Sitharaman on Monday announced road infrastructure plan for four states - Tamil Nadu, West Bengal, Kerala and Assam - where elections are due this year as she presented the Union Budget 2021. Tamil Nadu will get ₹ 1.03 lakh crore for building of 3,500 km of roads Full Coverage: Union Budget 2021 | Track Live Coverage Giving …

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