PM Modi To Inaugurate And Lay Foundation For Rs 335 Billion Projects In Delhi
ECONOMY & POLICY

PM Modi To Inaugurate And Lay Foundation For Rs 335 Billion Projects In Delhi

Prime Minister Narendra Modi will inaugurate and lay the foundation stones for projects valued at Rs 335 billion (Rs 335 bn) on March eight in Delhi, the government said. The programme will see a mix of completed schemes being dedicated to the public and new initiatives receiving sanction to commence construction, reflecting a concentrated effort to accelerate delivery. Officials indicated that the projects will cover multiple urban priorities and that the ceremony will underline the administration's development agenda.

The announcements encompass sectors such as transport, health, education and urban development, with an emphasis on strengthening infrastructure and improving service delivery across the capital. Authorities expect the investments to spur economic activity and create employment opportunities during construction and in ongoing operations. The scale of the investment is intended to support long term planning for the city, including upgrades to public amenities and measures to enhance sustainability and resilience against environmental and demographic pressures.

Officials noted that projects will be implemented through a combination of central allocations, state contributions and agency level execution, with governance mechanisms to monitor progress and ensure timelines are met. Emphasis will be placed on transparency in procurement and on securing value for money in contracts, while measures are expected to promote local participation in supply chains. The planned works are likely to require coordinated engagement across departments to manage interdependent schedules and technical requirements.

The government said the initiative aligns with broader national objectives to foster inclusive growth and to expand durable public assets that support livelihoods and well being. The event in Delhi will provide an opportunity to showcase the administration's focus on infrastructure led development and on delivering benefits to households and businesses. Monitoring frameworks will be used to track construction milestones and to address implementation challenges as they arise, with periodic reviews to ensure objectives are realised.

Prime Minister Narendra Modi will inaugurate and lay the foundation stones for projects valued at Rs 335 billion (Rs 335 bn) on March eight in Delhi, the government said. The programme will see a mix of completed schemes being dedicated to the public and new initiatives receiving sanction to commence construction, reflecting a concentrated effort to accelerate delivery. Officials indicated that the projects will cover multiple urban priorities and that the ceremony will underline the administration's development agenda. The announcements encompass sectors such as transport, health, education and urban development, with an emphasis on strengthening infrastructure and improving service delivery across the capital. Authorities expect the investments to spur economic activity and create employment opportunities during construction and in ongoing operations. The scale of the investment is intended to support long term planning for the city, including upgrades to public amenities and measures to enhance sustainability and resilience against environmental and demographic pressures. Officials noted that projects will be implemented through a combination of central allocations, state contributions and agency level execution, with governance mechanisms to monitor progress and ensure timelines are met. Emphasis will be placed on transparency in procurement and on securing value for money in contracts, while measures are expected to promote local participation in supply chains. The planned works are likely to require coordinated engagement across departments to manage interdependent schedules and technical requirements. The government said the initiative aligns with broader national objectives to foster inclusive growth and to expand durable public assets that support livelihoods and well being. The event in Delhi will provide an opportunity to showcase the administration's focus on infrastructure led development and on delivering benefits to households and businesses. Monitoring frameworks will be used to track construction milestones and to address implementation challenges as they arise, with periodic reviews to ensure objectives are realised.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code