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.

Resources

08 Sep 2025

IGBC Launches 32nd Chapter in Ranchi to Drive Green Building Growth

The CII Indian Green Building Council (IGBC) has launched its 32nd Chapter in Ranchi to accelerate Jharkhand’s transition towards sustainable and resilient urban infrastructure. The launch event, held on September 6 at Radisson Blu Hotel, brought together government officials, industry leaders, and sustainability experts. Sunil Kumar, IAS, Principal Secretary, Urban Development & Housing Department, Government of Jharkhand, said, “The launch of the IGBC Ranchi Chapter marks a significant step in Jharkhand’s urban development journey. The state is committed to creating a policy e..

Mindspace REIT Marks Five Years With 14.8 Per Cent Annualised Returns

Mindspace Business Parks REIT, owner and developer of a Grade-A office portfolio, has completed five years since its listing on the Indian bourses in August 2020. Despite debuting during the global pandemic, the REIT has delivered 14.8 per cent annualised total returns, expanded its portfolio, and reinforced occupier trust. Key achievements over five years include: Portfolio expansion of 30 per cent to 31.0 msf through acquisitions and new developments. Gross leasing of 25.2 msf, with occupancy sustained at 93.7 per cent. Cumulative distribution of Rs 55.9 billion to unitho..

Great Value Realty Secures RERA Nod for Ultra-Luxury Ekanam Project

Great Value Realty, one of North India’s most trusted developers, has received RERA approval for its flagship ultra-luxury residential project, Ekanam (RERA No. UPRERAPRJ15109/2019). The announcement was made during the Great Partners Meet at Noida. Built on the only available land parcel in Sector 107, Noida, Ekanam embodies the company’s philosophy, “Great is the New Norm,” promising excellence in design, quality, and sustainable community living. With seamless connectivity to Noida Expressway, DND Flyway, metro stations, and proximity to the upcoming Jewar Airport, the project ..