Hardeep Singh Puri signs MoAs with six states for Light House Projects, launches CLSS Awas Portal

27 Nov 2019 Editorial Team

As reported, the Union Housing and Urban Affairs Minister, Hardeep Singh Puri recently signed Memorandums of Agreements (MoAs) for Light House Projects (LHPs) with six states: Gujarat, Jharkhand, Madhya Pradesh, Tamil Nadu, Tripura and Uttar Pradesh.

For LHPs, the Ministry has reportedly introduced Rs 0.2 million technology innovation grant per house, which surpasses the existing Rs 0.15 million per house, under the Pradhan Mantri Awas Yojana-Urban PMAY (U).

Earlier in June 2015, the government had launched PMAY (U), with the aim of completing around 10 million houses by 2022.

Reportedly, on the occasion of the signing, he also launched a web portal for the CLSS (credit-linked subsidy scheme) Awas Portal (CLAP) in tune to providing aid to ensure release of subsidies to beneficiaries on time at the hands of the stakeholders like MoHUA, CNAs, PLIs, who will work in unison through the portal. It will include the processes of individual application, verification at the initial stage, the release of subsidies and implementing transparency while minimizing grievances.

Speaking on the event, Puri reportedly stated that with respect to achieving the ‘Housing for All’ mission set by the Centre, the Global Housing Technology Challenge-India (GHTC-India) was launched to get globally acclaimed, alternate and proven construction technologies for speedier and cost-effective construction of affordable housing. This comes in the backdrop of the Prime Minister’s announcement earlier this year that 2019-2020 would be the ‘Construction Technology Year’.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..