Ludhiana, Feb 17 (IANS) The construction of the four-lane railway over bridge in Doraha in Punjab’s Ludhiana district would emerge as a landmark infrastructure project, significantly strengthening connectivity between the Malwa region, said Union Minister of State for Railways Ravneet Singh Bittu on Tuesday. Addressing the media after laying the foundation stone of the much-awaited four-lane bridge, the minister stated the project, estimated to cost Rs 70.55 crore, will be completed by nex…
Latest Infrastructure Development News & Updates
Thiruvananthapuram, Feb 13 (IANS) In a landmark decision, the state Cabinet led by Chief Minister Pinarayi Vijayan, on Friday, approved Kerala’s Urban Policy, making the state the first in the country to formulate a comprehensive urban framework aimed at guiding development over the next 25 years. The draft policy, prepared by the Local Self-Government Department, received Cabinet clearance on Friday after nearly two years of sustained consultations and expert inputs.The initiative was first ann…
Ahmedabad, Feb 10 (IANS) The Ahmedabad Municipal Corporation (AMC) on Tuesday approved a revised budget of Rs 18,518 crore for the 2026-27 financial year, an increase of Rs 1,500 crore over the draft estimate of Rs 17,018 crore presented earlier by the Municipal Commissioner. The revised budget was tabled by Standing Committee chairman Devang Dani and cleared by the civic body, bringing the annual budgetary exercise to a close without dispute following the withdrawal of a proposed slaughterhouse…
New Delhi, Feb 9 (IANS) Seychelles President Patrick Herminie on Monday said that as key Indian Ocean States, maritime security and regional stability remains central to India-Seychelles relationship. “Economic engagement and development support featured prominently in our exchanges. We discussed approaches to advance priority initiatives through appropriate development cooperation instruments, including project-based support and lines of credit. As Indian Ocean states, maritime security and reg…
New Delhi, Feb 8 (IANS) Calling Prime Minister Narendra Modi her source of inspiration to serve people, Delhi Chief Minister Rekha Gupta on Sunday said that his work ethic and energy constantly motivate her to put in her best.Speaking at an event coinciding with the first anniversary of the BJP-led Delhi government, the Chief Minister presented a report card to citizens of her Shalimar Bagh constituency and listed Rs 250 crore worth of projects launched in the area in the past one year.While lau…
New Delhi, Feb 2 (IANS) Union Budget 2026–27 kept a “long‑term vision at the forefront” by increasing capital expenditure and improving the expenditure mix, a report said on Monday.The report from Crisil Intelligence said the focus is shifting to the long term—with reforms, improving ease of doing business, and inclusive growth getting centre stage.Immediately after the Covid-19 pandemic, the primary focus was on ramping up infrastructure spending and mitigating pandemic impact on growth a…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman announced a powerful thrust on infrastructure development in her Union Budget speech for 2026-27, emphasising sustained public investment to drive economic growth and balanced regional progress.The government will maintain its strong focus on enhancing infrastructure in cities with populations exceeding five lakh, particularly Tier-2 and Tier-3 urban centres that have emerged as vital growth hubs.This shift aims to reduce pressure on ma…
New Delhi/ Dhaka, Jan 29 (IANS) Bangladesh’s National Economic Council (NEC) has significantly downsized the health and education sector in the Annual Development Programme (ADP), according to a media report.In the tradition of reviewing the performance of the Annual Development Programme (ADP) at the mid-point of each fiscal year, the NEC downsized the ADP by about 12.5 per cent, to 208,935 crore taka (3.3 per cent of GDP) from its original budget allocation of 230,000 crore taka (3.7 per cen…
New Delhi, Jan 29 (IANS) The UK India Business Council (UKIBC) on Thursday called for a simplified tax regime through exemptions on capital tax gains from foreign portfolio investors FPIs and other investor-friendly reforms from Union Budget 2026-27.The business advisory body also called for strengthening the GIFT City proposition as a globally competitive financial services hub, simplified GST compliance, incentives and support for the telecom sector.It urged the government “to provide increase…
New Delhi, Jan 22 (IANS) The government will likely unveil Budget 2026 with roughly Rs 53.5 trillion worth of total expenditure, a capital expenditure growth of about 15 per cent and a fiscal deficit target of 4.2 per cent, a report projected on Thursday.The report from investment management firm OmniScience Capital said that tax revenues are projected to grow about 10 per cent year‑on‑year in FY27 on a nominal GDP growth assumption of around 9 per cent.Non‑tax receipts are also expected t…