Centre to suspend new PMAY (Urban) projects for a year

14 Jul 2022 CW Team

The Union Ministry for Housing and Urban affairs is unlikely to sanction any more homes under the affordable housing scheme Pradhan Mantri Awas Yojana (Urban) for the next one year as focuses on completing sanctioned projects.

The shift in focus comes as only 6.1 million PMAY houses have been completed out of the total 12.2 million that have been sanctioned. Work on around 10 million houses has been started. The figure includes the 6 million completed homes.

“Our emphasis right now is to complete those houses … sanctioning is not enough. The houses are either being constructed by the beneficiaries, or urban bodies, or the state government. They need to start and complete as soon as possible," Livemint cited an unnamed official as saying.

The report said that for at least the next one year, the Centre will be fully focussed on talking to all the states and ensuring that all the homes that have been sanctioned are completed. “There is not one state which can say ‘I have grounded all the houses that you gave’. They still have to start the houses which we sanctioned," another official said.

Mahindra Lifespaces launches biophilia-oriented housing in Pimpri

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..