Economic Growth

₹63,246 Crore approved by Cabinet for Chennai Metro Phase II

October 6, 2024

The Union Cabinet has officially sanctioned the second phase of the Chennai Metro project, which spans 119 kilometers and is estimated to cost ₹63,246 crore. This ambitious project aims to enhance the city’s public transportation system and is expected to be completed by 2027. Project Overview This project will be financed through contributions from both...

Himachal Pradesh Secures ₹293.36 Crore for Crucial Road Infrastructure Projects

October 6, 2024

Himachal Pradesh has received a significant funding of ₹293.36 crore from the Central Road and Infrastructure Fund (CRIF) for essential road development projects for the financial year 2024-25. According to Public Works Department (PWD) Minister Vikramaditya Singh, the funds will be allocated to five major road and bridge projects aimed at enhancing connectivity across districts...

Indian Oil and Nepal Oil Corporation to Enhance Petroleum Infrastructure in Nepal

October 4, 2024

Indian Oil Corporation Limited (IOCL) and Nepal Oil Corporation (NOC) have entered into a Business-to-Business (B2B) agreement to expand the Motihari-Amlekhgunj Petroleum Pipeline (MAPL) and establish new oil storage terminals in Nepal. This development follows a Government-to-Government (G2G) Memorandum of Understanding (MoU) signed in May 2023 between India’s Ministry of Petroleum and Natural Gas (MoP&NG)...

Development of Expressways in Uttar Pradesh: Transforming Infrastructure and Economy

September 30, 2024

Introduction The state of Uttar Pradesh has made significant strides in infrastructure development in recent years, with expressways playing a pivotal role in enhancing connectivity, reducing travel time, and driving economic growth. These state-of-the-art roadways have not only improved transportation but also stimulated industrial and agricultural growth by connecting major cities and remote areas. Key...

India Set to Double Container Handling Capacity Within Five Years: Sonowal

September 29, 2024

Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, recently highlighted the Ministry’s significant achievements during its first 100 days in office. The press conference emphasized the Ministry’s contributions towards transforming India’s maritime sector, in alignment with Maritime India Vision 2030 and Maritime Amritkaal Vision 2047. Prime Minister’s Vision Driving Maritime Transformation Sonowal began by...

Telangana Unveils AI City Project

September 29, 2024

Telangana has announced the launch of its ambitious AI City project, aimed at building a center for artificial intelligence innovation and growth. This initiative seeks to position the state as a frontrunner in AI technology by creating an ecosystem that promotes advanced research and collaboration between tech companies, startups, and educational institutions. The AI City...

Maharashtra Cabinet Approves New Logistics Policy

August 20, 2024

Maharashtra’s state cabinet has approved a new logistics policy aimed at establishing the state as a top-tier global logistics hub. This policy focuses on overcoming key challenges in the logistics sector and improving the efficiency of transport and supply chain networks. The policy includes a comprehensive strategy to enhance logistics infrastructure, such as building dedicated...

Ganga Expressway to open before Mahakumbh 2025

August 20, 2024

About Ganga Expressway The Ganga Expressway, a major infrastructure project in Uttar Pradesh, is expected to be completed by December 2024. This highway is designed to improve connectivity across the state, especially in preparation for the Mahakumbh 2025, one of the largest religious events in the world. Stretching about 594 kilometers, the Ganga Expressway will...

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