Centre Allocates Rs.300 Mn for Aluva Market Complex
ECONOMY & POLICY

Centre Allocates Rs.300 Mn for Aluva Market Complex

The Centre has sanctioned Rs.300 million for the redevelopment of the Aluva Market Complex, a crucial hub in Kerala's commercial landscape. This allocation comes as a significant boost for the project, aiming to modernise the market infrastructure and enhance facilities for traders and customers alike.

The initiative aligns with the government's focus on revitalising urban centres and bolstering local economies. The funding injection is expected to expedite the transformation of Aluva Market into a contemporary trading destination, equipped with state-of-the-art amenities. Local authorities express gratitude for the central support, recognizing it as a pivotal step towards fostering economic growth and ensuring sustainable development in the region. With the financial backing secured, stakeholders are poised to commence work on the market complex, ushering in a new era for commerce in Aluva.

The Centre has sanctioned Rs.300 million for the redevelopment of the Aluva Market Complex, a crucial hub in Kerala's commercial landscape. This allocation comes as a significant boost for the project, aiming to modernise the market infrastructure and enhance facilities for traders and customers alike. The initiative aligns with the government's focus on revitalising urban centres and bolstering local economies. The funding injection is expected to expedite the transformation of Aluva Market into a contemporary trading destination, equipped with state-of-the-art amenities. Local authorities express gratitude for the central support, recognizing it as a pivotal step towards fostering economic growth and ensuring sustainable development in the region. With the financial backing secured, stakeholders are poised to commence work on the market complex, ushering in a new era for commerce in Aluva.

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?