Govt aims to construct 500-km rural road under PMGSY-III in Ladakh

02 Feb 2022 CW Team

On Saturday, an official said that the centre aims to complete the construction of a 500 km rural road network in Ladakh. It has been sanctioned under the Phase-III of the Pradhan Mantri Gram Sadak Yojana (PMGSY).

This information was shared at a meeting chaired by Union Rural Development and Panchayati Raj Minister, Giriraj Singh.The implementation progress of PMGSY and PMAY-G was reviewed via video conference by the minister with several state governments and Union Territory administration.

After the Union Territory of Ladakh was created in August 2019, 195 km of road was constructed and blacktopped in Ladakh. The construction has been executed under PMGSY. The road provides connectivity to villages.

Commissioner Secretary Ladakh, Ajeet Kumar Sahu said that during the period around Rs 149 crore is spent, and under the scheme which is yet to be released the centre has approved additional Rs 50 crore.

As the task of connecting eligible habitations with all-weather roads has been substantively completed, the centre has now launched PMGSY-III which contemplates consolidation of the current rural road network by upgrading these ‘through routes’ as well as ‘major rural links’ connectivity habitation to ‘Gramin’ - rural, agriculture markets, higher secondary schools, and hospitals.

Sahu has informed the minister that for the targets set under the PMGSY-III, 425 km of road network’s detailed project reports (DPRs) approximately worth Rs 500 crore are sent to the State Technical Agency that is empanelled by the ministry.

A request for quick sanctioning of the DPR has been made considering Ladakh’s short working season.

Image Source

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..