Goa Nears Completion of 250 Affordable Houses Under PMAY Scheme

07 Jul 2025 CW Team

The Goa government has completed the construction of 250 houses out of a target of 254 for eligible beneficiaries under the Pradhan Mantri Awas Yojana (PMAY), an official announced on Thursday.

The affordable housing project has been implemented at a total cost of Rs 340 million, said P K Shirodkar, nodal officer in charge of the scheme and director of the District Rural Development Agency. He noted that the remaining four houses are expected to be finished within the next two to three months.

The scheme, a flagship initiative of the Central Government led by Prime Minister Narendra Modi, aims to provide affordable homes to eligible rural households. Funding for the project is shared between the Centre and the state in a 60:40 ratio.

Shirodkar highlighted the need to increase the disbursement amount, currently Rs 120,000 to better reflect the higher construction costs in Goa. “For example, building a house of 50 square metres requires at least Rs 1 million to Rs 1.5 million,” he explained.

With the current target nearly achieved, the state government has begun surveying eligible beneficiaries for the ongoing financial year.

Beneficiaries like Mathura Vithal Desai from remote Advalpal village in North Goa praised the scheme. She described how her six-member family previously lived in a mud house vulnerable during rains and to snakes. “After applying for PMAY, we received funds and invested our savings to build a proper house,” she said.

Similarly, Rohini Rohidas Kuttikar from Odlebhat near Panaji expressed gratitude for the government’s support through PMAY, which enabled her family to construct their home.

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..