Infra Budget 2019: Rs 100 lakh crore allotted for infrastructure in next 5 years, projects to bridge urban-rural divide highlighted
5 years, 6 months ago

Infra Budget 2019: Rs 100 lakh crore allotted for infrastructure in next 5 years, projects to bridge urban-rural divide highlighted

Firstpost  

Finance Minister Nirmala Sitharaman on Friday announced during the Union Budget 2019 a slew of steps to scale up India’s infrastructure including augmenting 1,25,000 kilometres of rural roads New Delhi: Finance Minister Nirmala Sitharaman on Friday announced a slew of steps to scale up India’s infrastructure including augmenting 1,25,000 kilometres of rural roads under the Pradhan Mantri Gram Sadak Yojana at a cost of Rs 80,250 crore and creating a national highways grid. Tabling the Modi 2.0 government’s maiden budget in Parliament, Sitharaman said that steps were taken to boost infrastructure in sectors like roads, waterways, metro, and rail. “Pradhan Mantri Gram Sadak Yojana Phase 3 envisages to upgrade 1.25 lakh km of road length at an estimated cost of Rs 80,250 crore,” she said. Sitharaman said: “I propose to make a blueprint available for developing gas grids, water grids, and regional airports.” About railway infrastructure, she said it will need Rs 50 lakh crore till 2030.

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PM Modi to launch development projects worth over ₹12,000 crore in Delhi today
Top News
4 days, 5 hours ago

PM Modi to launch development projects worth over ₹12,000 crore in Delhi today

Hindustan Times  

Prime minister Narendra Modi will inaugurate and lay the foundation stone of multiple development projects, worth over ₹12,000 crore, in Delhi on Sunday, including a section of the Delhi-Ghaziabad-Meerut Namo Bharat corridor, giving the national capital its first connectivity of the rapid transit system. PM Narendra Modi According to a release from the Prime Minister's Office, PM Modi will first …

India’s budget needs to address three medium-to-long term priorities
1 week, 6 days ago

India’s budget needs to address three medium-to-long term priorities

Live Mint  

As we approach the new year, preparation of the annual budget is proceeding in earnest. Apart from the annual balancing of expenditure, revenues and the deficit, the next budget will hopefully address some medium-to-long term priorities, as there is no other policy document that can address these concerns in the post-Five Year Plan era. Muted growth during the last two …

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 …

Andhra Pradesh approves first phases of Visakhapatnam, Vijayawada metro projects
1 month ago

Andhra Pradesh approves first phases of Visakhapatnam, Vijayawada metro projects

India Today  

The Andhra Pradesh government on Monday approved the first phases of metro rail projects for Visakhapatnam and Vijayawada. The estimated total cost of these projects is Rs 22,507 crore, with Rs 11,498 crore allocated for Visakhapatnam and Rs 11,009 crore for Vijayawada. Meanwhile, the Vijayawada metro project will consist of two corridors in Phase-I: Gannavaram to Pandit Nehru Bus Station …

HP secures ₹293 crore for road projects: PWD minister Vikramaditya
3 months ago

HP secures ₹293 crore for road projects: PWD minister Vikramaditya

Hindustan Times  

Himachal Public Works Department minister Vikramaditya Singh on Friday said the state government’s persistent efforts have resulted in the approval of road projects worth ₹293.36 crore under the Central Road and Infrastructure Fund for the financial year 2024-25. Vikramaditya said the approved works include ₹ 54.87 crore for the upgradation of the 52 km Tikkar-Jarol-Gahan-Nanakhari-Khamadi road in Shimla. He said …

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 …

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: Government keeps focus on critical areas
5 months, 2 weeks 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 …

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 is growth-oriented, welfare-centric, people-friendly: Annamalai
5 months, 2 weeks ago

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai

The Hindu  

The Union Budget 2024 is growth-oriented, welfare-centric and people-friendly. It strengthens the road map towards a Viksit Bharat by 2047, said BJP Tamil Nadu president K. Annamalai on Tuesday, July 23, 2024. In a social media post on X, Mr. Annamalai said Budgetary announcements, including the Transit Oriented Development Plans in 14 large cities with a population above 30 lakh, …

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: Focus on digitisation of land records, Urban development gets a leg up
5 months, 2 weeks ago

Budget 2024: Focus on digitisation of land records, Urban development gets a leg up

Hindustan Times  

Urban development is one of the nine priorities outlined by the Finance Minister Nirmala Sitharaman in her speech on July 23. Urban development proposals The finance minister in her seventh straight budget said that three crore additional houses under the Pradhan Mantri Awas Yojana in rural and urban areas in the country have been announced, for which the necessary allocations …

Budget 2024 Boosts Bihar with ₹58,500 Crore Investment in Infrastructure and Development Projects
5 months, 2 weeks ago

Budget 2024 Boosts Bihar with ₹58,500 Crore Investment in Infrastructure and Development Projects

ABP News  

The Budget 2024 has earmarked a substantial ₹58,500 crore for various development projects in Bihar, marking a significant investment in the state's infrastructure and growth. Key initiatives include the construction of three major expressways—Patna to Purnea, Buxar to Bhagalpur, and Bodh Gaya to Vaishali—totaling ₹26,000 crore, along with a new two-lane bridge in Buxar. The budget also includes plans for …

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 …

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 …

Rajasthan Budget 2024 highlights: Amrut 2.0 scheme, Greenfield Expressways, and new sports policy
5 months, 4 weeks ago

Rajasthan Budget 2024 highlights: Amrut 2.0 scheme, Greenfield Expressways, and new sports policy

India TV News  

Deputy Chief Minister and Finance Minister Diya Kumari presented the Rajasthan Budget 2024–25 on Wednesday, marking her first comprehensive budget. Amrut 2.0 scheme Rs 5,180 crore will be allocated for urban infrastructure projects across 185 urban settlements over the next two years. RSRTC bus fleet expansion Rajasthan State Road Transport Corporation will receive 500 new buses, including 300 electric buses, …

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 …

T.N. Assembly: CM Stalin announces second phase of ₹4,000 crore project to improve 10,000 km of rural roads
6 months, 2 weeks ago

T.N. Assembly: CM Stalin announces second phase of ₹4,000 crore project to improve 10,000 km of rural roads

The Hindu  

A total of 10,000 km of roads in rural areas would be improved under the second phase of the Chief Minister’s Rural Road Development Programmes, said Chief Minister M.K. Making a suo motu statement, Mr. Stalin said these roads would be improved at a cost of ₹4,000 crore over the next two years. The first phase of the scheme was …

Centre Approves Rs 76,200-Crore For Development Of Greenfield Major Port At Vadhavan
6 months, 2 weeks ago

Centre Approves Rs 76,200-Crore For Development Of Greenfield Major Port At Vadhavan

ABP News  

New Delhi, Jun 19 The Union Cabinet on Wednesday approved the development of a Rs 76,200-crore all-weather greenfield deep draft major Port at Vadhavan in Maharashtra, according to an official statement. According to the statement, the Cabinet, chaired by Prime Minister Narendra Modi, also approved establishing the road connectivity between the port and national highways by the Ministry of Road …

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 …

Delhi Budget: Transport decelerated with 40% budget cut...
10 months ago

Delhi Budget: Transport decelerated with 40% budget cut...

New Indian Express  

NEW DELHI: Public transport, the city’s lifeline, saw a major decline in budget allocation in fiscal provisions for 2024-25. The Delhi government has allocated 5,702 crore to the transport sector and related infrastructure, a reduction of 39% from the previous fiscal year, when the government had set aside Rs 9,337 crores in 2023-24 for this sector. Atishi, presenting the budget, …

PM Modi to unveil development projects worth more than ₹34,800 crore in Bihar
10 months, 1 week ago

PM Modi to unveil development projects worth more than ₹34,800 crore in Bihar

The Hindu  

Prime Minister Narendra Modi will unveil development projects worth more than ₹34,800 crore in Bihar on March 2. “Besides, PM Modi will unveil multiple projects in the oil and gas sector, worth about ₹1.48 lakh crore, spread across various States, from Patna,” an official statement said. This will be PM Modi's first visit to Bihar since the BJP-led NDA got …

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 …

Delhi budget: Special focus on development of roads in rural pockets
10 months, 3 weeks ago

Delhi budget: Special focus on development of roads in rural pockets

The Hindu  

The AAP government's budget will have special focus on development of roads in rural pockets of the national capital, according to sources in the government. In its budget, the government is likely to propose a project for redevelopment of around 1,000 km of roads in villages for which a four-fold increase in allocation to the development department is expected, the …

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 …

Rajasthan Budget: Finance Minister Diya Kumari proposes Rs 1,000 crore for schools, colleges, hospitals
11 months ago

Rajasthan Budget: Finance Minister Diya Kumari proposes Rs 1,000 crore for schools, colleges, hospitals

India TV News  

Provision of Rs 1,000 crore to establish and upgrade schools, colleges, hospitals, and administrative buildings in assembly constituencies and recruitment to fill 70,000 posts were among the key announcements by Rajasthan Finance Minister Diya Kumari, who announced the state's interim budget on Thursday. Now, to ensure regional balance of development, Rs 1,000 crore has been announced for setting up and …

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 …

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

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, …

​Budget 2024: New housing scheme to be introduced for middle class
11 months, 1 week ago

​Budget 2024: New housing scheme to be introduced for middle class

Op India  

Union Finance Minister Nirmala Sitharaman on Thursday presented the 5th and last budget of the Modi government 2.0. One of the key takeaways of Budget 2024 is the consistency in the extension of housing scheme benefits for the rural population and the middle class. “Two crore more houses will be taken up in the next 5 years to meet the …

Real Estate Budget 2024: Govt to launch housing scheme for the middle class
11 months, 1 week ago

Real Estate Budget 2024: Govt to launch housing scheme for the middle class

Hindustan Times  

The government will launch a housing scheme for middle class to buy or build their own houses, finance minister Nirmala Sitharaman said in her Budget 2024 speech on February 1. Government to launch ₹ 2 crore more housing units in the next five years under the PM Awas Yojana : Budget 2024 “Our Government will launch a scheme to help …

Budget 2024: Three new economic corridors for railways, says Finance Minister in speech
11 months, 1 week 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 …

Rural Housing scheme - Budget 2024: Nirmala Sitharaman highlights progress toward 3 crore rural houses, plans for additional 2 crore in next five years
11 months, 1 week ago

Rural Housing scheme - Budget 2024: Nirmala Sitharaman highlights progress toward 3 crore rural houses, plans for additional 2 crore in next five years

The Hindu  

The country is close to achieving the target of 3 crore houses under the rural housing scheme and two crore more will be constructed in the next five years, Union Finance Minister Nirmala Sitharaman said on Thursday, February 1, 2024. Earlier this month, Prime Minister Narendra Modi released the first instalment of ₹540 crore to one lakh beneficiaries of a …

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 Modi to inaugurate Ayodhya Airport, other development projects worth Rs 11,100 crore on December 30
1 year ago

PM Modi to inaugurate Ayodhya Airport, other development projects worth Rs 11,100 crore on December 30

India TV News  

PM Modi Ayodhya visit: Prime Minister Narendra Modi will visit Uttar Pradesh's Ayodhya on December 30 to inaugurate, delicate and lay the foundation stone of multiple development projects worth more than Rs 11,100 crore to revamp civic facilities and develop world class infrastructure in the district. According to Prime Minister's Office, during his one-day visit, the Prime Minister will inaugurate …

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 …

Budget 2024: Road Ministry demands 25% hike in allocation - report
1 year, 1 month ago

Budget 2024: Road Ministry demands 25% hike in allocation - report

Live Mint  

The Ministry of Road Transport and Highways in India has requested a budgetary allocation of ₹3.25 lakh crore for the fiscal year 2024-25 from the Ministry of Finance, which is a 25 percent increase compared to the previous year, according to a report by Moneycontrol. The government aims to maintain minimal market borrowings for the National Highways Authority of India …

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 …

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