Modi launches PMGSY-III road scheme in Himachal

17 Oct 2022 CW Team

Prime Minister Narendra Modi last week Thursday launched the rural road scheme, Pradhan Mantri Gram Sadak Yojana (PMGSY)-III, in Himachal Pradesh, and called for the upgradation of 3,125 km of rural roads.

Over Rs 4.20 billion has been sanctioned by the Central government under this phase of the PMGSY-III for upgrading 440 km of rural roads in 15 border and far-flung blocks of the state.

Modi said that in the past eight years, the Bharatiya Janata Party (BJP)-led government has made 12,000 km of roads in Himachal Pradesh.

The Prime Minister also laid the foundation stones of two hydroelectric projects: the 48 MW Chanju-III project and the 30 MW Deothal Chanju project.

“Hundred per cent water coverage has been made in tribal areas of Lahaul-Spiti and Kinnaur under Har Ghar Jal Yojna,” the prime minister said. Modi said domestic gas connections, too, have been made available in every house in Chamba. “BJP's double-engine government made domestic gas connections available for every home," he said.

Earlier in the day, Modi addressed a public meeting at the Indira Gandhi stadium in the Una district of Himachal Pradesh after flagging off the inaugural run of the new Vande Bharat Express. He also laid the foundation stone of a bulk drug pharma park and inaugurated the Indian Institute of Information Technology (IIIT), Una.

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..