Andhra Govt to Release Rs 14.52 billion to Boost Local Projects

22 Aug 2024 CW Team

Andhra Pradesh Finance Minister P Keshav announced that the state government plans to allocate Rs 14.52 billion to enhance the efficiency of local bodies at both village and ward levels. This decision comes in accordance with instructions from Chief Minister N. Chandrababu Naidu, who has directed that Rs 9.98 billion be provided to gram (village) panchayats and Rs 4.54 billion be allocated to urban local bodies.

In a press release, Keshav explained that Naidu's directive was aimed at accelerating development activities and improving the financial stability of local bodies through this substantial fund release. The Finance Minister highlighted that the funds would be instrumental in supporting on-going and future projects at the grassroots level.

Keshav also took the opportunity to criticise the previous YSR Congress Party (YSRCP) administration, alleging that it had undermined the effectiveness of local bodies. He asserted that under the leadership of the Telugu Desam Party (TDP), the government is dedicated to reinforcing these local institutions. Furthermore, Keshav claimed that the YSRCP government had improperly redirected funds allocated by the 15th Finance Commission, suggesting that the current administration's efforts are aimed at rectifying past mismanagement.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..