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1.Union Cabinet approves nationwide project for rehabilitation of dams

The Union Cabinet approved externally aided DRIP Phase II and Phase III in its meeting held on October 29, 2020. The project will initially cover 19 States and three Central Agencies. The Budget Outlay is Rs 102.11 billion for an implementation period of 10 years. The scheme will be implemented in t..


2.AIIB approves $ 145 million irrigation, $ 65 million solar investments in India

The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD145-million loan to India to improve irrigation service delivery and strengthen flood risk management in West Bengal. Earlier this month, AIIB President Jin Liqun also approved a USD 65-million 250-megawatt (MW)..


3.Infra Push Drives Equipment Demand

Rajesh Nath and Ajmal Fawad write on the infrastructure market trend and the contributions of German equipment manufacturers.


4.AP forms committee to look into Amaravati, other plans

The committee has been directed to submit its report in mid-December


5.AIIB investment in India nears $ 3 billion

The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at $ 2.9 billion.


6.AIIB Investment in India nears $3 billion

Bank approves US$500 million for Mumbai Urban Transport Project, USD75 Million for Renewable Energy


7.RBI permitting banks to lend to InvITs positive

Now, with the availability of bank debt financing, InvIT issuances can further gain prominence, says ICRA


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