Supplementary budget worth Rs 50.13 Bn tabled in assembly

27 Aug 2024 CW Team

The Uttarakhand government presented a supplementary budget of Rs 50.13 billion in the state assembly on Thursday. This followed the introduction of key bills, including the Uttarakhand Prisons and Correctional Services Bill, 2024, and an amendment to the Uttar Pradesh Zamindari Abolition and Land Reforms Act, 1950.

The main budget for the year was Rs 892.30 billion, with the supplementary budget covering Rs 37.56 billion in revenue expenses and Rs 12.56 billion in capital expenses.

The supplementary budget allocated Rs 15.32 billion for centrally funded schemes and Rs 2.73 billion for externally aided schemes. Chief Minister Pushkar Singh Dhami stated that the government is committed to public welfare, and the budget includes significant provisions for such schemes. Disaster management was highlighted as a major focus.

A total provision of Rs 7.49 billion has been made for major construction works in the Himalayan state, including Rs 500 million for the development of Tehri Lake, Rs 320 million for the construction of Gau Sadans, Rs 250 million for nursing colleges, and Rs 140 million for degree college construction.

The Uttarakhand Prisons and Correctional Services Bill, 2024, is intended to modernise the state?s prison laws following the repeal of several older acts by the Union Ministry of Home Affairs. The bill addresses the management of prisons and the rehabilitation of prisoners.

Furthermore, the Uttarakhand government has proposed amendments to the Zamindari Abolition and Land Reforms Act to resolve issues arising from the expansion of municipal areas and related land disputes.

Infrastructure Transport

27 Jun 2026

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..