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Searched Tag: infrastructure
Prime Minister Narendra Modi greets the crowd with a namaste during a public event. (File photo)

PM in Bihar, Bengal today; projects worth ₹12,000 crore on agenda

July 18, 2025, 10:43 AM - 5 min read

PM Modi will be launching projects worth over ₹12,000 crore in Bihar and West Bengal today, spanning rail, road, energy, housing, IT, aquaculture, and rural livelihoods.

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RBI warns state sops could divert infrastructure funds

RBI warns state sops could divert infrastructure funds

December 25, 2024, 01:58 PM - 3 min read

RBI's December bulletin warns that sops announced by several states in their 2024-25 Budgets risk diverting resources from critical infrastructure, despite improved fiscal deficits driven by robust tax revenues and restrained spending in H1:2024-25; states must balance welfare schemes with medium-term growth priorities.

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Infra in ten yrs surpasses 60 yrs of UPA govt, says Scindia

Infra in ten yrs surpasses 60 yrs of UPA govt, says Scindia

December 13, 2024, 02:37 PM - 3 min read

Union Minister Jyotiraditya Scindia said the Modi government has built more infrastructure in the last 10 years than the previous 60, doubling airports from 74 to 157 and increasing fleets from 400 to 750.

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India's key infra sectors' growth slows to 6.1% in July

India's key infra sectors' growth slows to 6.1% in July

August 30, 2024, 05:22 PM - 1 min read

The growth in production of eight key infrastructure sectors slowed down to 6.1 per cent in July this year due to a decline in the output of crude oil and natural gas, according to official data released on Friday.

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The government is set to retain its focus on rapid infrastructure development this fiscal, with plans to potentially increase capital expenditure allocations for the Ministry of Road Transport and Highways (MoRTH) in the upcoming budget for FY25, according to a report.

Budget FY 25 to focus more on infra growth: Report

June 28, 2024, 12:59 PM - 2 min read

The anticipated budget allocations are expected to bolster ongoing and new road projects, ensuring enhanced connectivity and supporting economic activities.

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Major Investment Boost for Ports, Roads; Cargo Up 8%

India boosts port, road investments; Cargo up 8%

June 13, 2024, 12:50 PM - 2 min read

In the current fiscal year, India's cargo volumes are expected to grow 6-8% driven by robust expansion in container and coal segments, supported by substantial government investments in transportation infrastructure including roads, ports, and airports, according to a recent ICRA report.

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Samantha Power, Administrator for the USAID announced that educational institutions in the United States and India are joining forces to develop a specialized curriculum  during her address at the Coalition for Disaster Resilient Infrastructure's (CDRI) Governing Council meeting on Monday.

US and Indian Institutions collaborate to develop infrastructure resilience curriculum

April 23, 2024, 12:49 PM - 2 min read

"We are going to be working with universities like Virginia Tech and the Indian Institute of Technology (IIT) to create a curriculum on infrastructure resilience, offer certification courses for infrastructure management, and support research focused on infrastructure resilience," stated Samantha.

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As the Indian government intensifies its focus on capital expenditure and infrastructure development to sustain economic progress, a recent report by India Ratings and Research has unveiled alarming trends of time and cost overruns plaguing central sector projects.

Report indicates time and cost overruns in infrastructure projects may affect GDP growth and capital efficiency

March 28, 2024, 03:02 PM - 2 min read

The report identified sector-specific reasons for project delays. In railways, challenges like land acquisition delays, protests by affected landowners, and approval bottlenecks hinder progress. Similarly, road projects encounter obstacles like utility shifting delays, forest clearances, and design flaws. Highlighting the government's adaptability, the report underscored a shift in infrastructure development strategies.

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India has signed an additional grant of Sri Lanka Rupees 150 million to build houses and infrastructure facilities in the Buddhist sacred town of Anuradhapura, the Indian High Commission has said.

India increases grants for housing development in Sri Lanka's buddhist sacred town

March 23, 2024, 11:12 AM - 2 min read

The Indian government's total commitment to the project currently stands at SLR 450 million for the construction of houses and infrastructure facilities in Sobitha Thero village of Anuradhapura.

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The Adani Group, a prominent figure in India's infrastructure sector, has set forth an ambitious investment blueprint for the fiscal year 2025.

Adani Group reveals USD 14 billion investment plan for FY25, emphasizing green energy and infrastructure

March 18, 2024, 01:06 PM - 2 min read

   Notably, the conglomerate's ambitious plan includes the development of the world's largest renewable park in Gujarat, covering an expansive area of over 530 square kilometers. In addition, with a portfolio boasting 8 airports, including the upcoming Navi Mumbai airport, and 14 domestic ports, Adani is positioned to solidify its position as a key player in these critical sectors vital for India's economic growth and connectivity.

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Infrastructure Overhaul: Gadkari's Vision for Enhanced Connectivity and Tourism

Union Minister Nitin Gadkari unveils ambitious infrastructure overhaul across India

March 15, 2024, 01:32 PM - 2 min read

The central government has allocated substantial funds for these initiatives, including Rs 188.95 crore for a ropeway project in Madhya Pradesh, Rs 699.19 crore for road upgrades in Gujarat, Rs 421.15 crore for a bypass in Assam, and Rs 576.22 crore for road expansion in Karnataka.

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The Universal Service Obligation Fund (USOF), operating under the Department of Telecommunications (DoT), has forged a strategic partnership with Prasar Bharati and the Open Network for Digital Commerce (ONDC)

ONDC, USOF and Prasar Bharti join hands to digitally empower rural India

March 12, 2024, 08:07 PM - 2 min read

The primary objective of this MoU is to leverage the extensive BharatNet infrastructure supported by the USOF to bundle broadband services with over-the-top (OTT) platforms and e-commerce facilities specifically tailored for rural communities.

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