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 Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..