State Govt to Distribute 1.14 Lakh Homes

28 Jan 2025 CW Team

Ministers, legislators, and ruling party leaders across the state have been urged to kick-start similar programs in their respective constituencies after the CM's official launch. The housing project, which includes the completion of 1.14 lakh houses over the last six months, was carried out despite severe financial constraints left by the previous YSRCP government.

Housing Minister Kolusu Parthasaradhi highlighted that the CM had directed district collectors and legislators to begin identifying land for house-sites to be granted to the poor. Under the new plan, 3 cents of land will be allotted in rural areas and 2 cents in urban areas. A state-level high-level committee, led by the revenue minister, will oversee this process, with district-level committees headed by district collectors.

The government is also addressing the financial mismanagement of the previous regime, which allegedly diverted significant funds meant for the housing scheme, leaving beneficiaries stranded. The current administration has already allocated funds to clear outstanding dues. Furthermore, Chief Minister Naidu is committed to clearing the bills for houses completed between 2014 and 2019, a period during which the previous government failed to make necessary payments.

In a major relief, the Centre has extended the deadline for completing PMAY 1.0 until December 2025, following a request from the Chief Minister. The government is working diligently to complete an additional 700,000 homes by December, which will generate around 7 million working days under NREGS and contribute significant wages. Additionally, the material component of the housing scheme is expected to bring in GST revenue, further benefiting the state's economy.

In a significant move to provide homes for the underprivileged, the Andhra Pradesh state government will officially hand over keys to 1.14 lakh beneficiaries under the housing scheme on February 1. Chief Minister N Chandrababu Naidu will participate in a mass house-warming ceremony at Thetali village in Tanuku constituency, marking the launch of this major initiative. Ministers, legislators, and ruling party leaders across the state have been urged to kick-start similar programs in their respective constituencies after the CM's official launch. The housing project, which includes the completion of 1.14 lakh houses over the last six months, was carried out despite severe financial constraints left by the previous YSRCP government. Housing Minister Kolusu Parthasaradhi highlighted that the CM had directed district collectors and legislators to begin identifying land for house-sites to be granted to the poor. Under the new plan, 3 cents of land will be allotted in rural areas and 2 cents in urban areas. A state-level high-level committee, led by the revenue minister, will oversee this process, with district-level committees headed by district collectors. The government is also addressing the financial mismanagement of the previous regime, which allegedly diverted significant funds meant for the housing scheme, leaving beneficiaries stranded. The current administration has already allocated funds to clear outstanding dues. Furthermore, Chief Minister Naidu is committed to clearing the bills for houses completed between 2014 and 2019, a period during which the previous government failed to make necessary payments. In a major relief, the Centre has extended the deadline for completing PMAY 1.0 until December 2025, following a request from the Chief Minister. The government is working diligently to complete an additional 700,000 homes by December, which will generate around 7 million working days under NREGS and contribute significant wages. Additionally, the material component of the housing scheme is expected to bring in GST revenue, further benefiting the state's economy.

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..

Infrastructure Transport

07 Oct 2025

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..

Infrastructure Transport

07 Oct 2025

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..