As reported, the government in a statement announced that construction of about 1.23 lakh houses was approved as a part of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) . This brought the total number of houses permitted under the scheme to more than 90 lakh.
The National Highways Authority of India (NHAI), in a bid to revive public-private partnership (PPP) for its projects, will offer about 950 km of road stretches that are estimated to be worth Rs 300 billion on its Build-Operate-Transfer (BOT) model.
The Federation of Indian Mineral Industries (FIMI) has reached out to Prime Minister Narendra Modi to seek intervention in order to bring about reforms that will increase and expedite growth in the mining sector. This could potentially create job opportunities for around 50 million individuals.
The Indian Railways is reportedly in plans to come up with solar power tenders of 4 GW in order to cut down on its power purchase costs and utilise the vast stretches of linear land along the tracks with greater efficiency.
As per data from the Power Ministry, almost one third of the distressed power plants are unable to repay loans totalling crores of rupees are in Chhattisgarh. The ministry recently submitted a list of 34 such projects to a parliamentary panel on energy.