Centre allocates additional 1.99 lakh houses to J&K under PMAY-G

06 Jun 2023 CW Team

The Centre has allocated an additional 1.99 lakh houses to Jammu and Kashmir under the 'Pradhan Mantri Awaas Yojna-Gramin' (PMAY-G) to fulfill the permanent waiting list of the Union Territory. This significant allocation aims to saturate the 'AwaasPlus' waiting list during the 2023-24 period, according to officials. The Rural Development Department is set to sanction the targeted houses by June 30.

The Union Ministry of Rural Development has provided the highest allocation among all Union Territories in India for Jammu and Kashmir under this flagship scheme, as stated by an official spokesperson. This move demonstrates the priority given by Prime Minister Narendra Modi and Union Minister for Rural Development Giriraj Singh to the development of Jammu and Kashmir, fulfilling the aspirations of numerous families.

Expressing gratitude, Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, thanked Prime Minister Narendra Modi and Union Minister Giriraj Singh for their support. In a tweet, he acknowledged the allocation of an additional target of 1,99,550 houses under PMAY-G for Jammu and Kashmir, emphasising that it is a significant step towards achieving the objective of "Housing for All." This allocation of houses reflects the government's commitment to ensuring affordable and quality housing for all residents of the Union Territory, contributing to their overall well-being and social progress.

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..