PM Modi Launches Rs 40B Projects Boosting Purnea and Seemanchal
ECONOMY & POLICY

PM Modi Launches Rs 40B Projects Boosting Purnea and Seemanchal

Prime Minister Shri Narendra Modi laid the foundation stone and inaugurated development works worth around Rs 40 billion in Purnea, Bihar, highlighting the region’s rich cultural heritage and contributions to literature, spirituality, and social reform. The projects span railways, airports, electricity, water infrastructure, and housing under the Pradhan Mantri Awas Yojana, benefiting over 40,000 families.
Shri Modi inaugurated the terminal building of Purnea Airport, constructed in under five months, and flagged off the first commercial flight, placing the city firmly on India’s aviation map. He also flagged off one Vande Bharat, two Amrit Bharat, and one passenger train, while laying the foundation stone for the Vikramshila–Kataria rail line and inaugurating the Araria–Galgalia rail line. The PM further announced approvals for the Mokama–Munger high-speed corridor and the doubling of the Bhagalpur–Dumka–Rampurhat rail line.
In the energy sector, a 2,400 MW thermal power project at Pirpainti, Bhagalpur, was inaugurated, while the first phase of the Kosi-Mechi intra-state river link project was launched to expand irrigation and manage floods, benefiting thousands of hectares. The PM also announced the establishment of a National Makhana Board and a Rs 4.75 billion plan to boost the makhana sector.
Shri Modi emphasised the government’s commitment to housing for all, noting over forty million permanent homes built to date and plans for thirty million more. He stressed the focus on empowering women, releasing a Rs 5 billion Community Investment Fund to strengthen self-help groups, and easing GST on daily-use items ahead of the festive season.
Highlighting security concerns, the Prime Minister condemned illegal infiltration and called for stringent action to protect the region’s resources and safety. He underscored Bihar’s vital role in India’s development and strategic operations, citing contributions from Purnea’s sons during freedom struggles and Operation Sindoor.
The event saw the presence of Bihar Governor Shri Arif Mohammed Khan, Chief Minister Shri Nitish Kumar, Union Ministers, and other dignitaries. Shri Modi concluded by urging sustained momentum for Bihar’s comprehensive development. 

Prime Minister Shri Narendra Modi laid the foundation stone and inaugurated development works worth around Rs 40 billion in Purnea, Bihar, highlighting the region’s rich cultural heritage and contributions to literature, spirituality, and social reform. The projects span railways, airports, electricity, water infrastructure, and housing under the Pradhan Mantri Awas Yojana, benefiting over 40,000 families.Shri Modi inaugurated the terminal building of Purnea Airport, constructed in under five months, and flagged off the first commercial flight, placing the city firmly on India’s aviation map. He also flagged off one Vande Bharat, two Amrit Bharat, and one passenger train, while laying the foundation stone for the Vikramshila–Kataria rail line and inaugurating the Araria–Galgalia rail line. The PM further announced approvals for the Mokama–Munger high-speed corridor and the doubling of the Bhagalpur–Dumka–Rampurhat rail line.In the energy sector, a 2,400 MW thermal power project at Pirpainti, Bhagalpur, was inaugurated, while the first phase of the Kosi-Mechi intra-state river link project was launched to expand irrigation and manage floods, benefiting thousands of hectares. The PM also announced the establishment of a National Makhana Board and a Rs 4.75 billion plan to boost the makhana sector.Shri Modi emphasised the government’s commitment to housing for all, noting over forty million permanent homes built to date and plans for thirty million more. He stressed the focus on empowering women, releasing a Rs 5 billion Community Investment Fund to strengthen self-help groups, and easing GST on daily-use items ahead of the festive season.Highlighting security concerns, the Prime Minister condemned illegal infiltration and called for stringent action to protect the region’s resources and safety. He underscored Bihar’s vital role in India’s development and strategic operations, citing contributions from Purnea’s sons during freedom struggles and Operation Sindoor.The event saw the presence of Bihar Governor Shri Arif Mohammed Khan, Chief Minister Shri Nitish Kumar, Union Ministers, and other dignitaries. Shri Modi concluded by urging sustained momentum for Bihar’s comprehensive development. 

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Real Estate

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement