DPC proposals urgently enacted ahead of elections, Rs 21 bn approved

08 Jan 2024 CW Team

In anticipation of the upcoming elections this year, Deputy Chief Minister and District Guardian Minister Devendra Fadnavis has instructed that all proposals put forth by the District Planning Committee (DPC) must be executed prior to the enforcement of the model code of conduct.

During a meeting, the DPC approved a budget of Rs 6687.2 million for the fiscal year 2024-25. An additional fund of Rs 14.31 billion was also requested, bringing the total district demand to Rs 21 billion.

The draft plan for 2024-25, encompassing general, scheduled caste sub-plan, and tribal component programs, received approval. Following the endorsement of the additional demand, the draft plan will be presented at the state-level meeting before receiving final approval.

Fadnavis highlighted plans to increase the financial limit by revising criteria for rural gymnasiums. Meanwhile, MLA Nitin Raut raised concerns about the use of substandard materials in sports infrastructure projects.

The earlier allocation of Rs 250 million for the construction of a mall for self-help groups at Badkas Chowk was reduced to Rs 120 million. MLC Pravin Datke expressed dismay over the prolonged stall of the project, which has persisted for over a decade.

In a separate initiative, Fadnavis handed over five fire tenders and eleven SUVs to municipal councils in Mauda, Parseoni, Hingna, Wanadongri, Kanhan-Pimpri, and rural police. These acquisitions were made possible through DPC funds.

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..