Maharashtra Allocates Rs.540 Bn for Vidarbha Irrigation Projects

13 Aug 2024 CW Team

Maharashtra has announced a significant investment of Rs.540 billion to fund extensive irrigation projects across Vidarbha, a region known for its agricultural potential and frequent water shortages. This allocation aims to address the critical water needs of farmers and enhance agricultural productivity in the area.

The irrigation projects include the construction of new dams, expansion of existing reservoirs, and the development of extensive canal networks. These initiatives are designed to ensure a more reliable water supply for crops, thereby reducing dependency on erratic monsoon patterns and improving overall farm yields.

In addition to enhancing water availability, the projects will focus on modernising irrigation infrastructure with advanced technologies for better water management. This move is expected to help in mitigating the effects of droughts and other climate-related challenges faced by the region.

The state government believes that these investments will not only stabilise water supply but also boost the local economy by increasing agricultural output and creating job opportunities. The initiative reflects Maharashtra's commitment to improving rural livelihoods and supporting sustainable agricultural practices.

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..