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MMRDA to purchase 10 more rakes for Mumbai monorail project

The estimated cost of the monorail tender is Rs 590 crore

What will determine the success of the National Monetisation Plan?

The finance minister has announced a Rs.6 trillion National Monetisation Plan (NMP) for the next four years, ie FY2022-2025. This plan is geared towards infrastructure and comprises 14 per cent of the National Infrastructure Pipeline (NIP); for this year, the amount is Rs.88,000 crore.

Andhra Pradesh HC issues notice to state govt over property tax

The taxpayers' association filed a lawsuit in the high court

Major ports in India get tariff regulator

The Tariff Authority for Major Ports (TAMP) will no longer be in charge of setting tariffs at the 12 major ports under Central Government control after 24 years.

Govt allots Rs.1.81 bn to Dharamshala, Shimla under smart city goal

In the past three years, the Central Government has provided Rs.1.81 bn to Shimla and Dharamshala under smart city projects, according to State Minister of Housing and Urban (MoHUA) Affairs Suresh Bhardwaj.

Govt to spend Rs.72.05 bn to remove national highway hurdles

The Central Government has decided to spend Rs.72.05 bn to eliminate traffic bottlenecks by realigning key highways in Punjab under the National Highway Development Project (NHDP)

Revenue of diversified EPC companies to jump 20% this fiscal

Strong order books and improved project execution, supported by the Central Government’s thrust on infrastructure spending, will help large and diversified engineering, procurement and construction (EPC) companies rebound with a revenue growth of over 20 per cent this fiscal.

India launches new Bharat series for vehicle registration

The new series would free vehicle owners from re-registration process

Govt’s infrastructure asset monetisation plan to raise Rs 6 lakh cr

The four-year NMP comprise of pipeline from 2022-2025

Power distribution reforms

Govt focus on mitigating cash-flow stress and reducing theft

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