Construction of new parliament building begins

15 Jan 2021 Editorial Team

The construction of the new Parliament building under the government's ambitious Central Vista redevelopment plan which received approval earlier this week began today.

As per official sources, the Central Public Works Department (CPWD) asked Tata Projects Ltd to start the new Parliament building's construction work on January 15, considering the auspicious day of Makar Sankranti.

Earlier this week, a 14-member heritage panel gave its approval to the new Parliament building and to the Central Vista redevelopment project.

Last month, PM Narendra Modi had laid the new Rs 971 crore parliament building's foundation stone. The complex is planned to be completed by the 75th anniversary of India's independence in 2022.

The new building will stand in front of the existing Parliament house that was built nearly 94 years ago at a cost of Rs 83 lakh at that time and would eventually be turned into a museum.

Watch: What the new Parliament building is all about

The building will house larger Rajya Sabha and Lok Sabha Halls, with capacities of 384 seats and 888 seats respectively, to accommodate an expanded Parliament after the freeze on its expansion lifts in 2026. For hosting joint sessions, the Lok Sabha Hall will also have an additional capacity of up to 1,272 seats.

As a part of the plant, provisions in the furniture will be made for digital language interpretation and recording infrastructure to produce real-time metadata, smart displays and biometrics for ease of voting with an intuitive and graphical interface, and programmable microphones that put the control of managing the house with the speaker.

Image Source

The construction of the new Parliament building under the government's ambitious Central Vista redevelopment plan which received approval earlier this week began today. As per official sources, the Central Public Works Department (CPWD) asked Tata Projects Ltd to start the new Parliament building's construction work on January 15, considering the auspicious day of Makar Sankranti.Earlier this week, a 14-member heritage panel gave its approval to the new Parliament building and to the Central Vista redevelopment project.Last month, PM Narendra Modi had laid the new Rs 971 crore parliament building's foundation stone. The complex is planned to be completed by the 75th anniversary of India's independence in 2022. The new building will stand in front of the existing Parliament house that was built nearly 94 years ago at a cost of Rs 83 lakh at that time and would eventually be turned into a museum. Watch: What the new Parliament building is all about The building will house larger Rajya Sabha and Lok Sabha Halls, with capacities of 384 seats and 888 seats respectively, to accommodate an expanded Parliament after the freeze on its expansion lifts in 2026. For hosting joint sessions, the Lok Sabha Hall will also have an additional capacity of up to 1,272 seats. As a part of the plant, provisions in the furniture will be made for digital language interpretation and recording infrastructure to produce real-time metadata, smart displays and biometrics for ease of voting with an intuitive and graphical interface, and programmable microphones that put the control of managing the house with the speaker. 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..

Infrastructure Energy

06 Apr 2026

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..

Real Estate

06 Apr 2026

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..