Rs 178.65 Bn Supplementary Budget to Push Power, Infrastructure

19 Dec 2024 CW Team

With focus on power sector and infrastructure development, the Yogi Adityanath govt tabled its second supplementary budget of this fiscal worth Rs 178.65 billion. This includes fresh proposals worth Rs 7.9 billion. The Yogi government had presented its main budget over Rs 7.36 trillion in Feb this year. Later, on July 30, a supplementary budget of Rs 122.09 billion was tabled. The second supplementary budget thus accounts for 2.42% of the original budget. Presenting the budget in the presence of CM Yogi Adityanath, finance and parliamentary affairs minister Suresh Khanna highlighted the government's commitment to development. He emphasided that the Yogi government prioritides progress and has the constitutional right to present supplementary budgets as and when needed. In Tuesday's proposals, a lion's share of Rs Rs 8,587 went to the energy department, Rs 24.38 billion to the finance department, Rs 15 billion to the family welfare department, and Rs 10 billion to the animal husbandry department. Elaborating on the budget allocation, Khanna said, apart from Rs 790.49 being earmarked for new proposals, Rs 4.22 billion is the estimated central share under various central schemes. Additionally, the budget has provisions to reimburse Rs 304.8 million taken earlier from the contingency fund. The budget was unanimously approved during a cabinet meeting chaired by the CM earlier in the morning before the House proceedings for the day began.

Real Estate

11 May 2026

Casagrand Launches 41-Acre Highcity Project in Chennai

Casagrand has launched Casagrand Highcity, a 41-acre integrated residential development on Chennai’s Outer Ring Road (ORR), marking the company’s largest residential project to date.The project will comprise over 4,000 two and three BHK apartments across four G+22 towers and is positioned as one of the largest organised residential developments in the ORR corridor.Located along Chennai’s emerging residential and infrastructure growth belt, the project benefits from connectivity to IT hubs including Navalur, Siruseri SIPCOT and Porur, as well as industrial clusters such as Sriperumbudur, ..

Brigade, Marriott Open Courtyard Kochi Infopark

Brigade Hotel Ventures (BHVL) and Marriott International have opened Courtyard by Marriott Kochi Infopark, a rebranded and upgraded hotel formerly operating as Four Points by Sheraton Kochi Infopark.Located in Kakkanad adjoining Infopark Kochi, the 218-room property strengthens Brigade’s hospitality portfolio in one of the city’s key IT and commercial corridors. The hotel is positioned to cater to corporate, MICE and leisure travellers visiting Infopark, SmartCity and other business hubs in Kochi.The property offers flexible workspaces, smart TVs and high-speed WiFi across rooms and suites..

WorkEZ Expands South India Portfolio to 1.7 Mn Sq Ft

Work Easy Space Solutions (WorkEZ) has expanded its managed workspace portfolio to approximately 1.7 million sq. ft. across 12 operational buildings and two upcoming developments, strengthening its footprint across South India.The expansion includes the addition of 65,000 sq. ft. at Phoenix One National Park in Chennai and the company’s entry into Kochi through a partnership with Lulu Developers, adding another 70,000 sq. ft.WorkEZ has also signed a 0.4 million sq. ft. development in Coimbatore with Veeras Infra following the successful leasing of 0.1 million sq. ft. in the first phase. The ..