Funding of Rs.40 Bn for Rural Roads in Gujarat

16 Jan 2024 CW Team

In a significant development for rural infrastructure, the New Development Bank (NDB) is set to provide funding of ?40 billion for the development of rural roads in Gujarat. As reported by The Times of India, this financial support is designated for projects under the Mukhya Mantri Gram Sadak Yojana, highlighting the commitment to enhancing connectivity and infrastructure in rural areas of the state.

The report emphasises the substantial financial injection from the NDB, specifically earmarked for rural road development. The funding under the Mukhya Mantri Gram Sadak Yojana signifies a strategic approach to uplift rural connectivity, fostering socio-economic development and improving accessibility for residents in remote areas.

The NDB's involvement in funding rural roads aligns with the broader vision of optimizing infrastructure in Gujarat. This financial boost is expected to catalyze the progress of rural road projects, contributing to the overall well-being and development of rural communities.

In summary, the NDB's commitment to fund Rs.40 billion for rural roads in Gujarat under the Mukhya Mantri Gram Sadak Yojana is a significant stride towards bolstering rural infrastructure. This initiative is poised to have a transformative impact on connectivity and accessibility, enhancing the quality of life for residents in rural areas of the state.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..