Mamata Banerjee Launches Rs 84.87bn Statewide Road Push

17 Dec 2025 CW Team

West Bengal Chief Minister Mamata Banerjee is set to inaugurate one of the state’s largest road development programmes on Thursday, marking the launch of construction for more than 20,000 kilometres of new roads under the Pathashree and Rastashree schemes.

The rollout will be the centrepiece of the Chief Minister’s one-day visit to Nadia, where she will launch the initiative at an administrative programme at the district headquarters in Krishnanagar. She is also scheduled to address a political rally later in the day.

According to officials, the project will be fully funded by the state exchequer at a total cost of Rs 84.87 billion. Of the overall length, around 15,011 kilometres of rural roads will be constructed across villages and hinterland areas at an estimated cost of Rs 69.87 billion.

In urban areas, about 5,019 kilometres of roads will be developed under the jurisdiction of the Kolkata Metropolitan Development Authority, with an allocated budget of Rs 15.00 billion.

The state cabinet recently approved the large-scale programme, and the government has launched a dedicated tendering portal to fast-track implementation. Officials said construction work is expected to begin in January.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..