Uttarakhand Approves Rs 3.5 Bn Development Push
ECONOMY & POLICY

Uttarakhand Approves Rs 3.5 Bn Development Push

The Chief Minister of Uttarakhand has approved Rs 3.5 billion under the MLA Fund Scheme for 2025-26, covering development projects in all seventy constituencies with a focus on sustainability and equitable growth. Each Member of the Legislative Assembly will receive Rs 50 million to lead key infrastructure initiatives.

Funds are allocated proportionally: seventy-eight per cent for General constituencies, nineteen per cent for Scheduled Caste constituencies, and three per cent for Scheduled Tribe constituencies.

Notable projects include Rs 37.1 million for a motor road connecting Dehalchori to the Kanda temple in Pauri Garhwal, Rs 54.4 million for a 36-metre RCC bridge over the Pathri Roh river in Haridwar, and Rs 44.5 million for road safety works in Rudraprayag.

Additionally, Rs 72.8 million is allocated for a suspension bridge near Panchkedar Shri Masta Madmaheshwar temple in Kedarnath, and Rs 36.1 million for road improvements in Tehri Garhwal. Rs 21.8 million is dedicated to electricity supply for the Manpur-Kashipur residential project under the Pradhan Mantri Awas Yojana (Urban).

The Chief Minister highlighted Uttarakhand’s second rank in financial performance among smaller states, crediting effective governance and policy execution. The development plan aims to foster a resilient and inclusive ecosystem for the state’s future.

Source:UrbanNews

The Chief Minister of Uttarakhand has approved Rs 3.5 billion under the MLA Fund Scheme for 2025-26, covering development projects in all seventy constituencies with a focus on sustainability and equitable growth. Each Member of the Legislative Assembly will receive Rs 50 million to lead key infrastructure initiatives.Funds are allocated proportionally: seventy-eight per cent for General constituencies, nineteen per cent for Scheduled Caste constituencies, and three per cent for Scheduled Tribe constituencies.Notable projects include Rs 37.1 million for a motor road connecting Dehalchori to the Kanda temple in Pauri Garhwal, Rs 54.4 million for a 36-metre RCC bridge over the Pathri Roh river in Haridwar, and Rs 44.5 million for road safety works in Rudraprayag.Additionally, Rs 72.8 million is allocated for a suspension bridge near Panchkedar Shri Masta Madmaheshwar temple in Kedarnath, and Rs 36.1 million for road improvements in Tehri Garhwal. Rs 21.8 million is dedicated to electricity supply for the Manpur-Kashipur residential project under the Pradhan Mantri Awas Yojana (Urban).The Chief Minister highlighted Uttarakhand’s second rank in financial performance among smaller states, crediting effective governance and policy execution. The development plan aims to foster a resilient and inclusive ecosystem for the state’s future.Source:UrbanNews

Next Story
Resources

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Next Story
Infrastructure Transport

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Next Story
Real Estate

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement