ACE Unveils Next-Gen BS-V(CE-V) Backhoe Loader at Bauma 2024

Maharashtra proposes new rules for cooperative housing societies

The Maharashtra government has unveiled the Draft Maharashtra Cooperative Societies Rules, 2025, proposing a major revamp of housing society governance. Open for public feedback since 15 April, the draft aims to modernise operations and boost transparency across 1.25 lakh housing societies, largely in the Mumbai Metropolitan Region. Key changes include allowing virtual AGMs with a quorum of two-thirds or 20 members, whichever is lower, and enabling simple majority decisions. Managing commit..

Centre approves Rs.106.37-billion road and tunnel projects for J&K

296-km network to enhance all-weather connectivity in border areas.The Union government has approved 19 road and tunnel infrastructure projects worth Rs.106.37 billion for Jammu and Kashmir, aiming to improve regional connectivity and ensure yearround access to remote border districts.Cleared by the Ministry of Road Transport and Highways, the projects span a total length of 296 km. Key developments include the Peer-Ki-Gali Tunnel (Rs.38.3 billion), which will connect the Kashmir Valley to the rest of India, and the Sadhana Tunnel (Rs.33.3 billion), providing allweather connectivity to Karnah ..

NHAI launches strategy to monetise national highway assets

The National Highways Authority of India (NHAI) has announced its first Road Asset Monetisation Strategy, aimed at unlocking the value of operational national highway assets and expanding private sector participation through Public-Private Partnerships (PPPs). This move marks a major shift towards market-driven infrastructure funding and is part of the Government of India’s broader Asset Monetisation Plan for 2025–30. The strategy outlines a structured framework for capital mobilisation using models such as Toll- Operate-Transfer (ToT), Infrastructure Investment Trusts..