Jammu and Kashmir to finish 54,000 dwellings under PMAY-G in FY23

07 Apr 2022 CW Team

During the fiscal year 2022-23, the Jammu and Kashmir administration aims to complete one lakh developmental projects and build 54,000 dwellings under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G).

During the current fiscal year, it also plans to provide internet connectivity to all gramme panchayats, as well as build or renovate 700 panchayat ghars across the Union territory, he said.

According to the spokesman, the rural sector has received an allocation of Rs 4,627.85 crore under capital expenditure for 2022-23, which is Rs 327.40 crore more than the previous year's budget allocation.

According to the spokesman, 426 lakh person days are expected to be generated through the MGNREGA in 2022-23, with 60,000 work cards slated to be given based on demand.

He said that one lakh development projects of various types will be started.

According to the spokesman, 1,500 elected representatives will be given experience visits outside of Jammu and Kashmir as part of the Rashtriya Gram Swaraj Abhiyan.

All gram panchayats will be connected to the internet, and a total of 700 panchayat ghars will be built or renovated, with 400 new and 300 old.

According to the revised budget, 54,000 dwellings would be built under the PMAY-G, and 87,250 individual household latrines and 2,500 community sanitary complexes will be built under the Swachh Bharat Mission-Gramin from 2022-to 23.

According to him, the National Rural Livelihood Mission plans to build 21,194 self-help groups between 2022 and 2023.

He informed that under Himayat (Deen Dyal Upadhyaya-Gramin Kaushalya Yojana), 14,067 youth will receive skill training and 9,847 will be placed in jobs between 2022 and 2023.

Image Source

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..