Gov Considers 15-20% Increase in Capex to Boost Urban Infra

22 Jan 2024 CW Team

In a proactive step towards fortifying urban infrastructure, the government is deliberating a substantial increase of 15-20% in capital expenditure. This proposed surge in funding underscores the administration's dedication to accelerating the development of crucial urban infrastructure projects across the country.

The contemplated hike in capital expenditure is viewed as a strategic response to address the growing demands of urbanisation and enhance the overall quality of infrastructure in cities. This move aligns with the government's vision to create sustainable and resilient urban spaces equipped with modern amenities and efficient services.

The potential increase in capital expenditure holds the promise of fueling key sectors such as transportation, housing, and utilities, stimulating economic growth and job creation. As the government explores avenues to boost infrastructure development, stakeholders will be keenly observing how this financial commitment translates into tangible projects and improvements in urban living standards.

This decision reflects a recognition of the pivotal role that robust and well-maintained urban infrastructure plays in fostering economic growth, improving quality of life, and ensuring the overall well-being of the population. The forthcoming developments in this area are anticipated to have a lasting impact on the trajectory of urban infrastructure across the nation.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..