Construction of 1.8 mn houses under PMAY in 3 years: Karnataka CM

02 Jun 2022 CW Team

Karnataka chief minister Basavaraj Bommai announced the construction of nearly 1.8 million houses in the next three years under the Pradhan Mantri Awas Yojana (PMAY).

The Pradhan Mantri Awas Yojana strives at ensuring a roof over the head for each family in the nation, for which nearly 18 lakh homes would be constructed in Karnataka in the next three years under the scheme, he said.

Bommai also lauded Prime Minister Narendra Modi’s initiatives like Pradhan Mantri Jan Dhan Yojana (PMJDY), Ayushman Bharat Yojana, PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi), Swachh Bharat Mission (SBM), and Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) for the welfare of the marginalised sections.

He said that the PM rolled out these initiatives so that the working class and farmers of the country could also lead a life of dignity and self-respect.

In the last eight years, he has worked tirelessly for the social and economic development of the marginalised sections, he said.

The chief minister told the media that the welfare programmes should be drafted with a bottom-to-top approach. However, the funding system should percolate from the top to the bottom.

He said that the PM has changed the welfare programme funding system via the Direct Benefit Transfer system.

No Prime Minister in the past could show the political bravery to supply tap water to each household. PM Modi not only declared the project but also assured that all the states are involved in its execution, he said.

Image Source

Also read: Maharashtra govt to extend PMAY Urban scheme till September 2022

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..