PM Modi reviews progress of 8 projects worth around Rs 31,000 crore

Prime Minister Narendra Modi on Wednesday chaired a PRAGATI meeting to review the progress of eight key projects, spread across seven states and having a cumulative worth of around Rs 31,000 crore, his office said in a statement. PRAGATI is the multi-modal platform for Pro-Active Governance and Timely Implementation of the projects involving the Centre […]

Cost overruns rise to six-month high in September, according to MoSPI data

Reversing the gains made in the last few months, cost overruns rose to a six-month high in September, according to data released by the government. The estimated cost of central infrastructure projects was 21.92% higher in September than the original cost, compared with 19.08% witnessed in August. The government will need to shell out an […]

Govt eyes shift to BOT as private cos show interest in roads sector

The government will bid out over ₹2 lakh crore worth of road projects on the build-operate-transfer (BOT) model by March 2024, giving a renewed push to the public-private partnership in road construction, road transport and highways minister Nitin Gadkari has said. This shift from the existing emphasis on engineering, procurement, and contract (EPC) model will […]

India to skip China’s Belt and Road Forum for a third time

For the third consecutive time, India is set to boycott a summit of China’s Belt and Road Initiative here on Tuesday to highlight its stand on the sovereignty issues in the controversial CPEC, which is being laid through the Pakistan-occupied Kashmir, and the financial viability of Beijing’s projects in smaller countries, official sources here said. […]

ADB joins hand with Bengal govt to undertake study for development of economic corridors

The Asian Development Bank (ADB) has joined hands with the West Bengal government to undertake a study for the development of economic corridors in the state, an official statement said. The ADB is “keen to support the projects with technical expertise and funding”, it said. The government, in the statement issued on Friday, said the […]

Spending so much on highways and trains, but is it helping people? Govt wants to know

The finance ministry has proposed that the railways, road transport, and shipping ministries should conduct productivity tests for their completed projects. Similar assessments should also be carried out for Metro Rail projects. This continuous exercise will enable the government to evaluate the impact of these projects on the economy and people’s lives, considering the significant […]

Delhi’s Barapullah Phase 3: What are the issues that are affecting this project’s progress? Details you can’t miss

The construction of the Barapullah Phase-lll elevated stretch is once again facing delays as the Public Works Department (PWD) has received only 6 out of 8.5 acres of land needed for the purpose, The Indian Express reported citing officials. Issue hindering progress Besides the land issue, another roadblock in the construction is the soil. Due […]

PM Modi inaugurates and lays foundation stone of projects worth Rs 12,600 cr in MP

Prime Minister Narendra Modi on Thursday unveiled and laid the foundation stone of a slew of projects, including rail and road works and a memorial dedicated to Rani Durgavati, worth Rs 12,600 crore in BJP-governed Madhya Pradesh, where assembly polls are likely to be held next month. At an estimated expenditure of approximately Rs 100 […]

Soon, Delhi’s IGI Airport will be just 20 minutes away from any part of the city via this road, announces Nitin Gadkari

In a good news for air travellers, Union Transport and Highways Minister Nitin Gadkari has revealed that soon commuters could reach Delhi airport from any part of the city in just 20 minutes. As per a TOI report, Nitin Gadkari announced that the eagerly awaited Urban Extension Road 2, a major ring road project in […]

PM Modi to visit Rajasthan, Madhya Pradesh to launch multiple development projects today

Prime Minister Narendra Modi is set to visit Rajasthan and poll-bound Madhya Pradesh on Thursday to lay the foundation stones of a slew of projects, including rail and road works and a memorial dedicated to RDurgavati, said an official statement. “At around 11:15 AM, the Prime Minister will lay the foundation stone and dedicate multiple […]