State govt extends Swarnim Jayanti Urban Development Scheme
ECONOMY & POLICY

State govt extends Swarnim Jayanti Urban Development Scheme

On October 15, the state government declared the extension of the Swarnim Jayanti Mukhyamantri Shaheri Vikas Yojana, a scheme aimed at enhancing the infrastructure of cities and towns by providing them with necessary funds.

Initiated in the fiscal year 2009-10 to celebrate Gujarat's 50th anniversary, this program has sanctioned more than 2.84 lakh projects worth Rs 48,736 crore over the past 13 years. As of now, a budget of Rs 57,000 crore has been approved for this flagship scheme. The decision to extend the program for an additional three years, from 2024-25 to 2026-27, reflects its significant success and widespread support from the public, according to a government statement.

On October 15, the state government declared the extension of the Swarnim Jayanti Mukhyamantri Shaheri Vikas Yojana, a scheme aimed at enhancing the infrastructure of cities and towns by providing them with necessary funds. Initiated in the fiscal year 2009-10 to celebrate Gujarat's 50th anniversary, this program has sanctioned more than 2.84 lakh projects worth Rs 48,736 crore over the past 13 years. As of now, a budget of Rs 57,000 crore has been approved for this flagship scheme. The decision to extend the program for an additional three years, from 2024-25 to 2026-27, reflects its significant success and widespread support from the public, according to a government statement.

Next Story
Equipment

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Next Story
Infrastructure Energy

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Next Story
Infrastructure Energy

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App