Infrastructure Project

Rs 55,000 crore for metro rail, road and expressway in Uttar Pradesh

The slew of infrastructure projects to bolster basic as well as modern transport infrastructure in urban and rural pockets covers all the districts of the state

Delhi-Mumbai Expressway, freight corridor to be pillars of progress: PM

Modi brings infra in focus ahead of Rajasthan polls, opens first phase of India's longest expressway

PM Narendra Modi should focus on people, not only on big projects

What must be even more confounding is how Indian leaders appear able to get away with budget math other politicians cannot, whether economically or politically

Delhi govt approves projects worth Rs 17 cr to strengthen important roads

The Delhi government on Tuesday approved three projects worth Rs 17.79 crore to beautify and strengthen some important stretches in the national capital and to reduce waterlogging during monsoon

India govt, ADB sign $1.2 bn loan agreements for infrastructure projects

The Indian government and ADB on Tuesday signed loan agreements totalling $1.22 billion for developing infrastructure in various Indian states, a statement from the finance ministry said

Rajnath Singh dedicates Rs 724-crore infra projects to the nation

The dedication function on the Along-Yinkiong road in Arunachal Pradesh included the physical inauguration of the strategically-important Siyom Bridge

PM Modi to inaugurate projects worth Rs 75,000 crore in Maharashtra

Prime Minister Narendra Modi will visit Maharashtra on Sunday to lay the foundation stone and inaugurate projects worth Rs 75,000 crores

Core sector output growth slows to 20-month low of 0.1% in October

Output accelerated by only 0.1% in October; 4 of 8 core industries reported production contraction

Govt notifies enhanced financial support for Central, state PPP projects

Funding under IIPDF Scheme is in addition to Viability Gap Funding Scheme notified in December 2020

Top headlines: Borrowing costs bite, mechanism for sharing trade data

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Assam's govt schools to get new infrastructure: CM Himanta Biswa Sarma

Assam Chief Minister Himanta Biswa Sarma on Sunday said that all government schools in the state will soon get new infrastructure. More than 4,000 schools will be covered under the initiative, he said. Sarma, along with Education Minister Ranoj Pegu, the state government's education advisor Nani Gopal Mahanta and senior officials, visited several old government schools in Guwahati and inspected the existing facilities. "We are trying to convert educational institutes of our State into centres for human resources development," Sarma tweeted later. "All Govt schools will get new infrastructure. As a part of this, 10 schools in Guwahati will get new buildings in 1st phase, before 4,000 more schools are covered," he added. Among the schools, he visited was Kamrup Academy, where he had studied. "Visited Kamrup Academy, Guwahati, and reviewed its infrastructure. Established in 1930, I had the privilege of seeking education from this historical institute in my childhood. "The school bu

FM asks AIIB to scale up investments in clean energy, infrastructure

India on Wednesday asked Beijing-based multilateral lending agency AIIB to scale up investments in priority areas like clean energy and infrastructure sector with a special focus on education and health. Addressing the annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), Finance Minister Nirmala Sitharaman said India has embarked on the path of a self-reliant economy and therefore has been successful in mitigating the negative effects of the pandemic. As regards AIIB, she said, it needs to scale-up investments in key priority areas, including clean energy and energy efficiency, disaster resilient infrastructure, social infrastructure with a special focus on education and health, and digital infrastructure in order to ensure a meaningful impact is achieved and resources are not scattered in multiple areas. As public resources alone are insufficient to meet the vast infrastructure needs of the members, she advised that the bank should not only .

384 infrastructural projects show cost overruns of Rs 4.52 trillion

As many as 384 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.52 lakh crore, as per a report. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs 150 crore and above, out of 1,529 projects, 384 reported cost overruns and as many as 662 projects were delayed. "Total original cost of implementation of the 1529 projects was Rs 21,25,851.67 crore and their anticipated completion cost is likely to be Rs 25,78,197.18 crore, which reflects overall cost overruns of Rs 4,52,345.51crore (21.28% of original cost)," the ministry's latest report for September 2022 said. According to the report, the expenditure incurred on these projects till September 2022 was Rs 13,78,142.29 crore, or 53.45 per cent of the anticipated cost of the projects. However, the number of delayed projects decreases to 531 if delay is calculated on the basis of latest schedule o

One year of PM-GatiShakti: National masterplan drives infra projects

It is helping identify high-congestion stretches along national highways and railway tracks, offering time-bound solutions and even ensuring more schools in unserved villages.

PM Gati Shakti: 197 critical infra gap projects identified in last one year

An inter-ministerial panel comprising senior government officials from key infrastructure ministries have given crucial recommendations to improve logistics efficiency among these projects

President Murmu to arrive in Tripura for two-day visit from Oct 12

President Droupadi Murmu will inaugurate several development projects in Tripura during her two-day visit to the northeastern state on Wednesday, officials said. The President is scheduled to land at Maharaja Bir Bikram Airport here on Wednesday at 11.15 am. It will be Murmu's first visit to the state after becoming the President. During the visit, Murmu will flag off Guwahati to Kolkata express up to Agartala and extension of Agartala-Jiribam-Agartala Jan Satabdi express up to Khongsang (Manipur) with new LHB rake and Vistadome coach, they said. She will also dedicate the trans-shiftment yard which was built at Nischintapur, crossing point of Indo-Bangla railway project to the nation, six km away from the state capital by video link. The President is scheduled to lay the foundation stone of Pushbanta Palace Museum and National Law University at Narsinghgarh in West Tripura district. The state government plans to develop Pushbanta Palace which was built by Maharaja Birendra Kishor

445 Indian infrastructure projects show cost overrun of Rs 4.4 trillion

As many as 445 infrastructure projects, each entailing investment of Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.4 lakh crore, according to a report.

Budget 2020: Govt may increase spending on infra, offer tax incentives

In annual economic report, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1

Investors place bets on roadbuilders in hope of boost in infra spending

Sitharaman outlined $1.5 trillion in infrastructure investment last month, of which federal and state govts will contribute at least 75%

Plan ready for Rs 100-trn investment in infra, Rs 50-trn in Railways: Goyal

The Centre has chalked out a plan envisaging an investment of Rs 100 lakh crore in the infrastructure sector over the next five years, Union Minister Piyush Goyal said on Wednesday. "The investment will transform availability and quality of infrastructure at airports, roads, highways, railways, ports... All infrastructure-related sectors (aviation, shipping, electricity, and oil & gas) are going to see a huge thrust in the next five years," Goyal said. The railways and commerce & industry minister said that "Rs 100 lakh crore in the next five years is not a small amount". He said the railways has drawn up a 12-year plan entailing an investment of Rs 50 lakh crore. "Rs 50 lakh crore in 12 years is an unheard of investment spree that the railways is planning. Obviously, the government cannot put in this kind of money so we will have to engage the private sector. We will have to work closely through the public-private partnership model," Goyal said at the India International ...