24 Oct 2023

India is poised to invest an impressive Rs 143 lakh crore in infrastructure between 2024 and 2030, more than double the expenditure over the previous seven years. This substantial financial commitment includes Rs 36.6 lakh crore for green initiatives. Crisil anticipates a 6.7% GDP growth through 2031, driven by comprehensive infrastructure development, sustainability, and policy support. The report emphasizes the role of sectors such as roads, power, electric vehicles, renewable energy, and green hydrogen in India's development. The anticipated release of sovereign green bonds is expected to boost the domestic green bond market, aligning with global sustainability trends.Read more

24 Oct 2023

The enforcement wing of Gurugram's town and country planning department (DTCP) has taken stringent action against illegal constructions, demolishing around 50 illegal colonies spanning 550 acres in Gurugram, Sohna, Pataudi, and Farrukhnagar. District Town Planner Binesh Kumar tackled 14 illegal colonies in Sohna and Bhondsi, initiating 13 demolition drives. Similarly, DTP Sumit Malik targeted 29 colonies in Farrukhnagar-Pataudi, leading 25 demolition operations. The crackdown, involving additional District Town Planners, aims to curb illegal developments, ensuring planned urban growth as per the Gurgaon Master Plan 2031. The government's stringent stance discourages unlawful real estate activities, promoting a regulated urban landscape.Read more

21 Oct 2023

The Brihanmumbai Municipal Corporation (BMC) is considering delaying the reconstruction of the Parel TT bridge to coincide with the Mumbai Metropolitan Region Development Authority's Sewri-Worli Elevated Connector (SWEC) project. Mumbai traffic police approved bridge closures for reconstruction, but the BMC plans to synchronize Parel bridge work with the SWEC project to mitigate congestion. The Parel TT bridge, over 40 years old, is set to undergo reconstruction given its damaged condition. In parallel, Central Railway is moving swiftly to replace the 110-year-old Sion rail overbridge at an estimated cost of 50 crore.Read more

21 Oct 2023

The state Dairy Department has decided to outsource the Aarey Hospital in Mumbai's Goregaon East to a private charitable trust. The Aarey Hospital was caught in a dispute between BMC and the state Dairy Department for a long time. This decision ends BMC's hopes to gain a foothold in Aarey Colony. The move aims to revive the dilapidated facility, potentially aiding the 40,000 residents, including tribal communities, who lacked essential medical services. Concerns about potential privatization have arisen, with local activists questioning the need for a charitable trust intermediary to run the hospital. Aarey Dairy's CEO assures that the move isn't privatization but a transfer to a trust, ensuring affordability and quality in healthcare through a stringent bidding process.Read more

21 Oct 2023

The Eastern Dedicated Freight Corridor (EDFC), a monumental infrastructure project spanning 1,337 kilometres from Punjab to Bihar, has been completed ahead of the Lok Sabha elections in India. Set to commence full operations on November 1, 2023, the EDFC is positioned to revolutionize freight transportation. The project, initiated by Prime Minister Narendra Modi, offers significant benefits to thermal power plants in several states, primarily aiding coal traffic. Despite cost overruns, reaching 1.24 trillion INR, the corridor is vital for the government's plan to optimize coal transportation networks and enhance freight efficiency. Delays caused by land acquisition and other challenges have been addressed, and EDFC is expected to handle 251 million tonnes of freight by 2036-37.Read more

20 Oct 2023

The Central Railway (CR) has initiated a Rs 101 crore redevelopment project for four Mumbai stations— Parel, Byculla, Kanjurmarg, and Vikhroli —under the Amrit Bharat Scheme, citing increasing footfalls. Parel and Byculla's revamp costs are Rs 19.41 crore and Rs 35.52 crore, respectively, while Vikhroli and Kanjurmarg redevelopment costs are pegged at Rs 19.16 crore and Rs 27.01 crore. The focus is on expanding station premises for enhanced movability, including foot over bridges, lifts, escalators, and better amenities like water huts and lighting. The stations will feature improved infrastructure, signage, and accessibility. The CR aims to complete the project within a year.Read more

20 Oct 2023

Nashik Municipal Commissioner Ashok Karanjkar expressed concern over irresponsible disposal of construction waste by builders and contractors. During a meeting with the Godavari pollution prevention cell, he instructed officials to take action against erring individuals. Deputy Commissioner Vijay Kumar Mundhe emphasized strict measures, with fines for offenders. The Nashik Municipal Corporation (NMC) deployed vehicles across its divisions to lift debris, charging Rs 800 per tonne. The NMC urged residents to approach designated offices for lifting such waste or face fines. A work order was also issued to a private firm for constructing and operating a C&D waste recycling plant at Pathradi.Read more

20 Oct 2023

The Mumbai-Nagpur Expressway, India's second longest, heralds a new era of connectivity, spanning 701 km with potential to reduce travel time between Mumbai and Nagpur to 8 hours. Linking 10 vibrant districts, it enhances cultural exchange and economic growth. Executed in phases, the project showcases India's vision and determination, with Phase II inaugurated on May 26, 2023. Costing Rs. 55,332 crores, it stands as a testament to India's commitment to development. As the final stretches near completion, the nation eagerly awaits the transformative impact of this monumental expressway.Read more

19 Oct 2023

The Brihanmumbai Municipal Corporation (BMC) has made significant progress in reconstructing the 150-year-old Carnac Bunder Bridge, issuing tenders for its approaches and initiating the girder manufacturing process. Despite initial concerns about delays, BMC officials are confident about completing the project within 12 months, costing 252 crore. Challenges, including poor coordination with railways, have caused setbacks, leading to traffic congestion and inconveniences. The BMC's dedicated efforts, along with continued stakeholder coordination, are crucial for ensuring a smooth reconstruction process, minimising disruptions for Mumbai's residents and commuters.Read more

19 Oct 2023

The BMC is moving forward with a road construction project in Chandivali, despite not having acquired the necessary land. The road was planned as part of a 30-year-old development plan. The BMC started construction of the road but got stuck at one-third of the stretch. The land for the remaining road is full of encroachments. Local residents protested, leading to eviction notices and re-initiation of tenders. Only two bids were received for the tender. The BMC extended the timeline due to a lack of response. The BMC emphasizes the work will commence after land acquisition but the DP department, responsible for land acquisition, faces criticism for delays. Citizens question the delayed acquisition process and inaction against encroachments and urge timely action for road development in Chandivali.Read more