At least 59 mega central sector infrastructure projects worth Rs 10 billion each, have reported a cost overrun of Rs 1.36 trillion. As per Vijay Goel, Union Minister, a total of 389 mega projects worth more than Rs 10 billion including rail and road sectors were on the monitor of the Ministry of Statistics and Programme Implementation (MOSPI).
Category: ECONOMY & POLICY
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Government sanction 5.1 mn houses under PMAY-U
Ministry of Housing and Urban Affairs (MoHUA) conducted its 35th Central Sanctioning and Monitoring Committee
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KEF Infrastructure merge with Katerra
Infrastructure manufacturing company KEF Infrastructure announced its strategic merger with US-based technology firm Katerra.
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Govt will invest `1 bn on school infrastructure
The money will be spent to provide facilities in terms of construction, furniture and playgrounds and other necessary items.
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NMRDA to implement affordable housing scheme in green belt too
Under Pradhan Mantri Awas Yojana (PMAY), Nagpur Metropolitan Region Development Authority (NMRDA) has decided to implement this scheme in green belt and no development zones too.
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Govt undertakes `500 bn projects in NE
Union minister Vijay Goel said that in the north eastern region, 44 ongoing projects totalling about Rs 500 billion have been undertaken by the NDA government.
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Mazagon Dock gets submarine project
Engineering conglomerate Larsen & Toubro (L&T) has written to the NITI Aayog raising concerns over the recent submarine project awarded to state-owned Mazagon Dock Shipbuilders
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Advantage Chhattisgarh!
Chhattisgarh, one of the youngest States in India, is an emerging start-up State where bold decisions are taken with new and potential ideas.
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Trade in services will create jobs: GES 2018
Dubai pointed that out of the focus sectors, education should be given the top priority. Students in India should be have the choice also of international education. Indian education should show confidence in Indian culture.
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“CLSS is the most attractive schemes in PMAY-U”
Sitting in his sea-facing room, Durga Shankar Mishra, Secretary, Ministry of Housing and Urban Affairs MoHUA