Tag: Infrastructure projects

US body announces $54 million investment in India to support infrastructure projects

NEW DELHI: An American financial corporation on Tuesday announced that it will invest USD 54 million in India to support the development of critical infrastructure projects in the country in the wake of the COVID-19 pandemic. India is one of the fastest growing countries in the previous three decades, but it suffers from a significant […]

Modi government to undertake infra projects worth Rs 1.16 trillion in Karnataka: Nitin Gadkari

NEW DELHI:The Narendra Modi government (Centre) will undertake infrastructure projects worth Rs 1.16 lakh crore in Karnataka in the coming years, Union Minister Nitin Gadkari said on Saturday. The Road Transport and Highways Minister was addressing a virtual event after laying foundation stone and inaugurating projects worth Rs 11,000 crore in Karnataka. The 33 projects […]

Amit Shah opens water reservoir, lays foundation for infrastructure projects in Tamil Nadu

CHENNAI: India’s Home Minister and senior BJP leader Amit Shah on Saturday inaugurated the city’s fifth drinking water reservoir and also laid foundation stones for various infrastructure projects in the state. The new reservoir built at an outlay of Rs 380 crore was inaugurated by Shah at a function chaired by Chief Minister K. Palaniswami […]

Tamil Nadu Chief Minister inaugurates infrastructure projects

NEW DELHI: Tamil Nadu Chief Minister K Palaniswami has inaugurated a slew of infrastructure projects under the fisheries and social welfare departments. A Rs 70 crore fish landing centre which will have boat berthing facility, T-jetty and other facilities at Kunthukal village in Ramanathapuram district to decongest fishing vessels at Palk Bay was one of […]

412 infrastructure projects show cost overruns of Rs 4.11 lakh crore

NEW DELHI: As many as 412 infrastructure projects, each worth at least Rs 150 crore, have reported total cost overruns of over Rs 4.11 lakh crore, according to data from the Ministry of Statistics and Programme Implementation. The data showed that as of July 1, out of 1,683 central sector infrastructure projects costing Rs 150 […]

India forms task force to identify infrastructure projects worth Rs 100 trillion

NEW DELHI: The government of India on Saturday said it has constituted a high-level task force to identify infrastructure projects for Rs 100 trillion investment by 2024-25 as India aims to become a $5 trillion economy. The task force, headed by the economic affairs secretary, will draw up a ‘National Infrastructure Pipeline’ of Rs 100 […]

About 363 infrastructure projects show cost overrun of over Rs 3.42 lakh crore

NEW DELHI: As many as 363 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns to the tune of over Rs 3.42 lakh crore owing to delays and other reasons, a report said. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. “Total original […]

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