Guwahati, Feb 25 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday said that the long-pending demand to decongest Jorhat town, particularly the busy Baruah Chariali junction, is set to be addressed with the opening of a new flyover connecting Baruah Chariali to the Bhogdoi Bridge.The CM also took a swipe at Gaurav Gogoi, Lok Sabha member from Jorhat for opposing the construction of the flyover in Jorhat town.In a post on social media platform X, the Chief Minister said that traffic co…
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Chennai, Feb 15 (IANS) Tamil Nadu Chief Minister M.K. Stalin on Sunday inaugurated the newly constructed L-shaped flyover at Central Kailash, a key traffic junction connecting Adyar and Guindy in south Chennai. The Chief Minister inspected the structure in an official vehicle after declaring it open for public use.Sardar Patel Road, one of the busiest arterial roads in the city, links Adyar with Guindy and also serves as the starting point of Rajiv Gandhi Road (Old Mahabalipuram Road) at the Cen…
New Delhi, Feb 14 (IANS) Marking a paradigm shift in the urban development approach, the government on Saturday approved the launch of the Urban Challenge Fund (UCF) with a central assistance of Rs 1 lakh crore.The central assistance will cover 25 per cent of the project cost, subject to raising minimum 50 per cent of the project cost from market.This will lead to a total investment of Rs 4 lakh crore in urban sector in the next five years, marking a paradigm shift from grant-based financing to …
Mumbai, Feb 2 (IANS) Lower revenue as a share of GDP has been more than offset by cuts to subsidies and spending on current schemes, leading to the smallest fiscal consolidation in six years, likely positive for growth, a new report has said.The fiscal consolidation for FY27 is the slowest in six years. And the budgeted disinvestment, which is a below-the-line funding item, is likely to see the highest rise in six years, the report from HSBC Global Investment Research said.”The central governmen…
Guwahati, Feb 1 (IANS) The Federation of Industry and Commerce of the North Eastern Region (FINER) on Sunday expressed satisfaction with the Union Budget 2026-27, terming it a well-balanced and growth-oriented budget that addresses the needs of industry while maintaining fiscal discipline.The FINER, the key industrial body of the Northeast region, welcomed the government’s emphasis on reform over rhetoric and said the fiscal consolidation glide path has been maintained as targeted.It particula…
New Delhi, Jan 26 (IANS) As India approaches Union Budget 2026-27, industry sentiment points to a clear shift from headline announcements to policy direction, continuity and execution, a survey showed on Monday.Against global uncertainty and a calibrated fiscal consolidation path towards a deficit of about 4.4 per cent of GDP, Budget 2026 is being read as a signal of India’s medium-term economic intent, according to Grant Thornton Bharat’s ‘Pre Budget Survey 2026’.With the economy expect…