NEW DELHI: The govt on Wednesday approved second phase of Vibrant Villages Programme (VVP) for next five years with an outlay of around Rs 7,000 crore. The second phase will cover villages, including the ones close to the borders of Bangladesh and Myanmar.Sources said the second phase of the scheme will cover border villages across…
NEW DELHI: To encourage states to think innovatively for sustainable urbanisation and redevelopment in existing cities, the govt on Saturday announced setting up of the Urban Challenge Fund (UCF) of Rs 1 lakh crore. The grant for states will be utilised for 25% cost of projects that cities take up. The remaining 75% would be…
NEW DELHI: The Union government’s efforts on infrastructure development and investments in critical sectors such as railways, defence, power, and data centres are expected to drive growth momentum into the financial year (FY) 2026 and beyond, says a report by financial services firm Prabhudas Lilladher (PL). According to the report, the foundations for a gradual…
A recent report by financial services firm Jefferies suggests that the government should raise capital expenditure (capex) by 10-12 per cent in the union budget 2025-26 to maintain its focus on infrastructure development and ensure confidence among stakeholders.“10-12 per cent YoY capex growth in Feb budget, based on broadly maintaining capex to GDP ratio, is…
Prime Minister Narendra Modi said the Ashtalakshmi Mahotsav being held in New Delhi, is not just a celebration, but an opportunity for the world to witness the strength and diversity of the northeast NEW DELHI: Reflecting on the progress made in the country’s northeast over the last decade, PM Narendra Modi on Friday said development…