Andhra Pradesh Government's Housing Scheme Praised by Union Minister

18 May 2023 CW Team

Union Minister of State for Housing Kaushal Kishore has praised the Andhra Pradesh government for providing house-sites to around 30 lakh poor families. He expressed satisfaction with the implementation of the Pradhan Mantri Awas Yojana (PMAY) scheme.

The Union Minister reviewed the progress of the housing schemes with the State Housing Minister Jogi Ramesh and senior officials in Vijayawada. He held a video conference with the district project managers in the presence of the senior officials. He asked the officials to expedite the construction work to enable all the poor to own houses.

He said that Prime Minister Narendra Modi wants every poor and homeless person to have a pucca house by 2024. "The Centre has liberally granted houses under PMAY to AP. The officials should be serious enough to ensure the completion of the housing units," said Kishore. He asked the senior officials to focus on creating infrastructure in the upcoming housing colonies.

Ramesh requested the Union Minister to ensure the speedy release of funds for the early completion of the houses. He said that Andhra Pradesh is the only state in the country that has provided about 30 lakh houses to the poor. The state government is spending nearly Rs 30,000 crore to create infrastructure in the YSR Jagananna housing colonies.

Ramesh requested the Union Minister to grant additional funds for the creation of infrastructure in the housing colonies.

Special Chief Secretary Ajay Jain said that they were providing steel, cement and other equipment at subsidized prices while providing sand free of cost to the housing beneficiaries. Andhra Pradesh Housing Board Managing Director Lakshmi Shah, Chief Engineer GV Prasad, Navarathnalu Implementation Committee Vice-Chairman Ankamreddy Narayana Murthy were also present.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..