Tamil Nadu Clears Rs 80 Billion Plan To Upgrade 20,000 km Rural Roads

02 Jul 2025 CW Team

The Tamil Nadu Cabinet has sanctioned Rs 80 billion for the Mudalvarin Grama Saalaigal Membattu Thittam, a programme to rebuild 20,000 km of rural roads. Since the scheme’s launch in 2022 23, 12,572 km across 9,690 schemes have been finished at a cost of Rs 46.09 billion. A further 6,671 km are under construction for Rs 35.29 billion.

Parallel investment under the Kalaignarin Kanavu Illam initiative aims to make the state hut free by 2030. The government has set aside Rs 70 billion to build 200,000 houses within two years; 72,081 units are complete and the remainder are progressing. Beneficiaries can access bank loans of up to Rs 1 million for added support.

For older government built homes dating from before 2000 01, Rs 10.41 billion has been earmarked in 2024 25 to renovate 148,000 dwellings.

Road upgrades continue under the Pradhan Mantri Gram Sadak Yojana, where Tamil Nadu is improving 947 roads and 83 bridges totalling 4,182 km at an estimated Rs 30.61 billion, funded 60 per cent by the Centre and 40 per cent by the state. Another 283 roads and 308 bridges spanning more than 500 km have been delivered through the NABARD Rural Infrastructure Development Fund for Rs 11.82 billion.

Additional rural works include Rs 2.61 billion to refurbish Periyar Memorial Samathuvarpurams and Rs 42.77 billion for development projects in 10,187 village panchayats under the Anaithu Grama Anna Marumalarchi Thittam.

Collectively, these initiatives are expected to create about 0.84 million direct and 1.045 million indirect person days of employment while improving mobility, housing, tourism and livelihoods across Tamil Nadu.

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..