Rs 1 Billion Approved to Upgrade 212 km of Panchayat Roads

16 Jan 2026 CW Team

Several Panchayat Raj roads in the district are set to receive a major upgrade after the Union government sanctioned Rs 1 billion for laying and improving roads over a total stretch of about 212 km under the SASCI scheme, aimed at strengthening rural infrastructure.

Officials from the Panchayat Raj and Rural Development Department said preparations are under way to expedite the tendering process so that construction work can begin at the earliest.

The Scheme for Special Assistance to States for Capital Investment (SASCI) was introduced by the Government of India with the objective of supporting capital expenditure by states and developing rural infrastructure, particularly around important tourist and economic centres. Under the scheme, the Union government has allocated Rs 20 billion to Andhra Pradesh for strengthening rural road networks.

As part of this allocation, the Panchayat Raj and Rural Development Department has sanctioned Rs 1.0028 billion for 66 road works across eight Assembly segments in the district. The works include the construction of Barrackpore Trunk roads, cement concrete roads, gravel roads and water bound macadam roads.

The sanctioned works cover 14 projects in the Srikakulam Assembly segment, 12 in Tekkali, nine each in Itchapuram and another segment, seven in Narasannapeta, six each in Amadalavalasa and Pathapatnam, and four works in the Palasa Assembly segment. Officials said the projects would significantly improve rural connectivity and transport efficiency.

Speaking on the progress, the Panchayat Raj Superintending Engineer said the tendering process is currently under way and construction activities will commence as soon as contracts are awarded. He added that the department is focused on ensuring timely execution to deliver durable road infrastructure for rural communities.

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..