Ayodhya Ram Mandir Consecration to Boost Business

18 Jan 2024 CW Team

The upcoming consecration of the Ram Mandir in Ayodhya is anticipated to stimulate business activities, generating an estimated Rs 1 trillion, according to the Confederation of All India Traders (CAIT). This significant economic impact is foreseen across various sectors, including hospitality, tourism, retail, and construction.

CAIT's projections highlight the transformative potential of religious and cultural events in boosting economic growth. The consecration ceremony is expected to draw a considerable influx of pilgrims and tourists, resulting in increased demand for accommodation, transportation, and various goods and services. Local businesses are gearing up to capitalise on this surge, with expectations of heightened economic activity in the region.

The Ram Mandir project has been a focal point of national significance, and its consecration is set to be a momentous occasion. Beyond its religious and cultural importance, the event is poised to create a positive economic ripple effect, providing a substantial economic stimulus to Ayodhya and its surrounding areas. As preparations for the ceremony progress, businesses are positioning themselves to cater to the anticipated surge in demand, underscoring the intricate link between cultural events and economic dynamics.

Infrastructure Urban

03 Apr 2026

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..