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Ministerial group reviews 5 key infra projects under PM Gati Shakti

India, Feb. 12 -- As part of the PM Gati Shakti National Master Plan launched in 2021, a ministerial group on Tuesday reviewed five central government infrastructure projects, including the second pha... Read More


For the first time in 4 decades, all NCR states ruled by a single party

New Delhi, Feb. 9 -- With the Bharatiya Janata Party's emphatic victory in the Delhi assembly elections on Sunday, the party at the Centre will also be governing all the National Capital Region (NCR) ... Read More


For the first time in 4 decades, all NCR states ruled by a single party

India, Feb. 9 -- With the Bharatiya Janata Party's emphatic victory in the Delhi assembly elections on Sunday, the party at the Centre will also be governing all the National Capital Region (NCR) stat... Read More


Rejubit: CRRI launches first made-in-India agent for recycling old bitumen roads

India, Feb. 7 -- The Central Road Research Institute (CRRI) launched Rejubit, the first made-in-India rejuvenating agent for restoring and recycling old bitumen roads on Thursday. This agent will redu... Read More


RBI rate cut to ease demand-supply gap in affordable housing, boost sector

India, Feb. 7 -- The 25 basis points repo rate cut to 6.25%, the first in nearly five years, announced by the Reserve Bank of India (RBI) on Friday morning, has the potential to alleviate the demand-s... Read More


No demand from states for PMAY 2.0 as repurposed rental houses remain vacant

India, Feb. 4 -- The Union cabinet had approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 to construct 10 million houses for urban poor and middle-class families in August 2024, but the Centre... Read More


rRs.r15k-cr SWAMIH fund to help stalled projects

India, Feb. 2 -- Union finance minister Nirmala Sitharaman on Saturday announced a Rs.15,000 crore SWAMIH 2.0 fund as part of her budget speech to address the looming issue of stressed housing project... Read More


Centre unveils rRs.r1L-cr urban challenge fund, revamped PM-SVANidhi

India, Feb. 2 -- An urban challenge fund of Rs.1 lakh crore to transform cities into "growth hubs"; Rs.15,000 crore fund for SWAMIH 2.0 (special window for affordable and mid-income housing) to constr... Read More


NHAI's outstanding liabilities reduced by rRs.r 50,652 cr

India, Feb. 1 -- The National Highway Authority of India (NHAI)'s outstanding liabilities were reduced to around Rs.2,84,521 crore in the current fiscal year from Rs.3,35,173 crore in 2023-24, the exp... Read More


Union budget: Sitharaman announces rRs.r15,000 cr for stressed housing projects

India, Feb. 1 -- Union finance minister Nirmala Sitharaman on Saturday announced Rs.15,000 crore for Affordable and Mid-income Housing (SWAMIH) Fund 2.0 to address the issue of stressed housing projec... Read More