New Delhi, June 1 (IANS) India has succeeded in restricting its fiscal deficit to the 4.4 per cent of GDP target fixed for the financial year 2025-26, reflecting the robust state of government finances at the end of the year, official data released on Monday showed. The fiscal deficit, which shows the difference between government revenue and expenditure, stood at Rs 15.19 lakh crore in FY26.Data released by the Controller General of Accounts (CGA) showed revenue collections remained strong duri…
Latest Infrastructure Projects News & Updates
Gandhinagar, May 20 (IANS) The Gujarat government has approved a series of amendments to its ‘Vatan Prem Yojana’, allowing more than 20 categories of development works to be undertaken in villages and widening eligibility for individuals, organisations, and trusts to contribute towards rural infrastructure projects. The changes were approved at a state cabinet meeting chaired by Chief Minister Bhupendra Patel on Wednesday.Announcing the decisions taken at the meeting, government spokesperson and…
Ahmedabad/Gandhinagar, May 16 (IANS) Union Home and Cooperation Minister Amit Shah on Saturday directed officials to adopt a 70 per cent beautification and 30 per cent long-life tree plantation model for lake development projects across the Gandhinagar Parliamentary constituency, while reviewing a series of ongoing infrastructure, healthcare and urban planning works. The review meeting was chaired by Home Minister Shah in the presence of Gujarat Deputy Chief Minister Harsh Sanghavi and senior go…
Mumbai, May 15 (IANS) Securities and Exchange Board of India (SEBI) on Friday relaxed borrowing norms for Infrastructure Investment Trusts (InvITs) with leverage exceeding 49 per cent of asset value, a move aimed at expanding financing flexibility for infrastructure projects and improving funding access across the sector.In a circular, the market regulator said InvITs will now be allowed to raise fresh borrowings above the 49 per cent leverage threshold for capital expenditure intended to enhanc…
Gangtok, May 14 (IANS) Union Minister Jyotiraditya Scindia will undertake a three-day official visit to Sikkim from May 14 to 16 to participate in the Statehood Day celebrations and review a series of developmental initiatives and infrastructure projects across the Himalayan state, officials said on Thursday.According to officials, the Minister has decided to keep the accompanying convoy strength, number of vehicles and officials to the minimum required during the tour, in line with Prime Minist…
Guna, May 8 (IANS) Union Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav will lay the foundation stone of a cement plant in Guna district on Sunday. The plant is being set up by the Adani Group with an investment of around Rs 1,100 crore. It is part of a larger investment plan of about Rs 3,500 crore in the Guna region, according to a press note from Scindia’s office on Thursday.The project will be the first major cement unit in the Gwalior-Chambal region, which has n…
Patna, May 6 (IANS) Senior Congress leader and Rajya Sabha MP Akhilesh Prasad Singh has reacted to the Bharatiya Janata Party (BJP)’s emphatic victory in West Bengal, saying that in a democracy, the people’s mandate is final and must be respected. Speaking to reporters in Patna on Tuesday, the Congress leader said there is little merit in lamenting the results after the government has already been formed.While acknowledging the Assembly poll outcome, Singh expressed satisfaction over the Congres…
New Delhi, April 27 (IANS) Prime Minister Narendra Modi will embark on a two-day visit to Sikkim starting Monday, during which he is scheduled to attend the closing ceremony marking the 50th anniversary of the state’s formation and will also unveil a series of development projects valued at over Rs 4,000 crore.The Prime Minister will arrive in Gangtok on Monday at around 3 p.m.On April 28, he is scheduled to visit the Orchidarium in Gangtok, developed as a world-class Orchid Experience Centre …
Bhopal, April 25 (IANS) Union Minister Jyotiraditya Scindia on Saturday announced a major industrial boost for Kolaras town in Madhya Pradesh, unveiling plans for a Rs 2,500 crore defence manufacturing plant along with a series of infrastructure projects aimed at accelerating the region’s development.Addressing a public gathering on the first day of his Shivpuri–Kolaras visit, Scindia said the proposed defence facility would be established within the next two months.“Kolaras will receive a R…
New Delhi, April 24 (IANS) The Ministry of Statistics and Programme Implementation (MoSPI) on Friday said that it has strengthened oversight of large-scale infrastructure development through its PAIMANA platform, which is currently tracking 1,941 central sector projects worth Rs 41.50 lakh crore as of March. The government said the digital monitoring system is enhancing transparency, enabling timely reviews, and supporting data-driven decision-making across ministries.According to the latest upd…