Projects

The projects in Telangana include laying the foundation stone of AIIMS Bibinagar, five National Highway projects and the redevelopment of Secunderabad Railway Station

Analysts say slowing growth globally may limit future investments

The Karnataka State Industries and Commerce Department has cleared 59 investment proposals worth Rs 3,455.39 crore, promising 18,567 jobs. The 137th meeting of the State-level single-window clearance committee (SLSWCC), led by the State Large and Medium-Scale Industries Minister Murugesh Nirani, took the decision to this effect, said a statement from the office of the Minister said. The statement said the committee approved 11 large- and medium-size industrial projects with investments of more than Rs 50 crore. The projects worth Rs 2,186.70 crore are expected to create employment opportunities for 10,559 people in the State. Further, 46 new projects with investments of more than Rs 15 crore and less than Rs 50 crore were also cleared. The projects worth Rs 1,049.19 crore would generate jobs for 8,008 people. Two projects of additional investment have also been approved which would entail an investment of Rs 219.50 crore and generate employment opportunities, the statement read.

Telangana's Minister for Industries and IT, K T Rama Rao, said that the upcoming Union Budget 2023-24 is the right occasion for the Centre to show its commitment to the development of the state

Over two dozen infrastructure projects worth $13 billion will be shared that have been cleared by relevant and competent forums and are ready to be invested in at any time

The gears of state development appear to be grinding to almost a halt over politics that is getting bad, remarked a newly elected Congress legislator

Lack of coordination between depts and ministries within the govt on the one hand, and between the Centre and the states on the other, has proved to be a hurdle

In a Q&A, Dedicated Freight Corridor Corporation of India MD R. K. Jain speaks about the timeline of the projects and the larger plan to build a countrywide freight corridor network

Bank to begin work in Q1FY23; asset monetisation will free up resources that will come back to industry

Union Minister of Road Transport and Highways Nitin Gadkari will lay foundation stone of various projects worth over Rs 1,406 crore and inaugurate a four-lane underpass on NH-48 in the NCR.

Beware of broad definitions of force majeure clause

Meanwhile, the value of completed projects went up for the second quarter in a row to Rs 1.4 trillion from Rs 1.15 trillion

Prime Minister Narendra Modi is all set to gift 65 new projects worth Rs 421.54 crore to the people of Varanasi, which is his parliamentary constituency, on his next visit to the holy city

The approval of projects under the government's flagship Prime Minister's Employment Generation Programme increased 44 per cent between April and August 18 this year

Interestingly, the rise in new projects is despite a fall in capacity utilisation

PM Modi is expected to make an announcement in this regard during his visit to the city on December 10