Since 2014, Modi govt has sanctioned 5 major redevelopment projects, including the ambitious 7GPRA, in the capital. Experts believe lack of vacant land makes redevelopment necessary.
Urban Infrastructure Development Fund aims to help bridge gap in essential services in Tier-2 & 3 cities. Till Dec 1st week, 'project proposals worth roughly Rs 650 cr' submitted for 2023-24.
Union housing ministry has finalised 4 institutions to be developed as Centres of Excellence in urban planning, it is learnt. This is in line with govt's 2022-23 Budget announcement.
Housing & urban affairs ministry has received proposals from 5 states for buses. Scheme aims to provide financial support of Rs 20,000 cr for e-buses in cities with poor public transport.
Ministry of Housing and Urban Affairs working on parking plan for entire Central Vista area, where new offices, museums are being developed, as the dedicated space may not be enough.
Central Vista canals filled with recycled sewage water supplied by Delhi Jal Board, which is also used to water the lawns. Govt has roped in startups to figure out solution, it is learnt.
Urban affairs ministry officials say guidelines for standardisation will 'not be binding' on metro corporations & norms for electro-mechanical components in 'advanced stages'.
Construction of first 3 Common Central Secretariat (CCS) buildings began in December 2021 and was to be completed by this November. CCS will house 51 ministries spread across 10 buildings.
Guidelines for PM-eBus Sewa scheme say cities or state govts will have to agree to guarantee timely payments to bus operators & set up power infrastructure to be eligible to participate.
The last Nizam’s legacy is also being torn apart by the BJP, which has turned him into a devil because of the Razakar violence. It’s a selective Right-wing reading of history.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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