Rs 120 bn project development in Gorakhpur in 1 st year CM’s 2 nd stint

28 Mar 2023 CW Team

A significant portion of the budget was used for projects involving road connectivity, water purification, and drainage in order to construct world-class infrastructure and public facilities. In March 2022, CM Yogi was re-elected as Chief Minister, and ever since May 2022, he has given Gorakhpur gifts of development. Throughout the past year, CM Yogi has attended the inauguration ceremonies and laid the foundation stone for numerous development projects.

About 61 development projects worth Rs 331.6 million were inaugurated on May 15 while the foundation stone was laid for 21 projects worth Rs 1113.3 million, according to government sources.

He opened and laid the foundation stone for Rs 1440 million of infrastructure development projects on the same day. On July 12, CM Yogi laid the foundation for development projects worth Rs 1650 million and Rs 2990 million, respectively. On July 14, he dedicated the Rs 60 million Mansarover Temple as well as Rs 16.4 million Mansarover Ramlila Maidan beautification project. He dedicated and laid the foundation stone for 422 development projects worth Rs 1250 million on August 3.

The Rs 1940 million bridge at Kamariya Ghat was opened by CM on August 18; the Mahant Avaidyanath Stadium and Auditorium were opened by CM Yogi on September 26. On October 18, Yogi laid the foundation stone for Rs 2159.7 million Nagar Nigam development projects and Rs 628.4 million GDA development work. On October 19, he dedicated the Unwal bypass road and Rs 21.2 million Nagar Panchayat Sangrampur structure. On the occasion of Diwali on October 24, the CM officially inaugurated and laid the foundation for 288 development projects worth Rs 80 crore alongside members of the Vantangia and Mushar 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..