The chief minister mentioned plans for infrastructure expansion, projecting a land area of around 3,400 acres, and the development of a riverfront featuring international-level retail, recreation, and entertainment zones.
Notably, in the Budget 2023–24, the government emphasised the need for increased spending in the infrastructure sector.
Gadkari, who is helming Road Transport and Highways Ministry, also said that while many infrastructure projects in Afghanistan have been completed by India, some are yet to be completed.
Uddhav Thackeray on Friday asked for the speedy completion of infrastructure projects, upon reviewing them.
ICRA has recommended higher budgetary allocation to strengthen the power distribution infrastructure and improve the financial viability of the distribution segment, including the implementation of amendments to the Electricity Act.
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Economic Survey 2019-20, tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman.
India needs to almost double its annual spending on infrastructure at USD 200 billion and the real challenge lies in harnessing private investment, said the Economic Survey 2018-19 tabled in Parliament on Thursday.
The umbrella scheme Border Infrastructure and Management containing 60 projects and with an outlay of Rs 8,606 crore has been approved.
The growth rate of eight core sectors, which also include fertilisers and steel, was 2.6 per cent in April 2017, according to the data released by the commerce and industry ministry today.
The corridor is being laid at a cost of Rs 30,358 crore and scheduled for completion by 2020.
The programme includes the Bharatmala scheme, under which 34,800 km of highways would be constructed at the cost of Rs 5.35 lakh crore.
The move marks a shift from the existing procedure that bars state government entities from borrowing directly from external agencies
Lucknow: In a bid to decongest traffic in the country, the government has decided to increase the length of national highways from 96,000 km, at present, to two lakh km, Union Minister Nitin Gadkari said
Lucknow : Uttar Pradesh Chief Minister Akhilesh Yadav on Friday handed over "letters of comfort" to representatives of some companies which will invest Rs.7,500 crore in the state over the next five years and generate
New Delhi: Finance Minister Arun Jaitley today said though he was keen to provide more funds for the social sector and infrastructure development, he could not do so due to financial constraints. Asked what he wanted
Kathmandu: India today extended full support to Nepal to develop its transport system and infrastructure and suggested it to follow India's successful public-private partnership model in constructing roads and other development projects.“PPP model has always
New Delhi: India remains committed to supporting infrastructure development in Rwanda, President Pranab Mukherjee said.Welcoming the President of Rwanda, Paul Kagame, Mukherjee said India appreciates the important role of Rwanda in maintaining peace and security
New Delhi: Seeking to push infrastructure development, Prime Minister Narendra Modi asked his Ministers to electronically monitor the progress of projects and directed the Railways to submit a comprehensive plan for encouraging FDI."Prime Minister Narendra
New Delhi: Prime Minister Narendra Modi Friday said accelerated infrastructure development was his top priority and stressed the need to create world-class infrastructure.Modi said this while reviewing the progress of eight major infrastructure sectors in
New Delhi/Agartala, May 30: Planning Commission Deputy Chairman Montek Singh Ahluwalia has asked the northeastern states to encourage private participation to accelerate infrastructure development, officials said Wednesday.The plan panel emphasised on health and education."Private participation
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