+
Delhi Metro unveils advanced integrated OCC at Metro Bhawa
RAILWAYS & METRO RAIL

Delhi Metro unveils advanced integrated OCC at Metro Bhawa

During a session, State Minister for Finance and Human Resources Management, Thangam Thennarasu, urged the State BJP unit to seek approval from the Modi-led Union government for metro rail projects, along with its anticipated contribution.

In response to BJP MLA Vanathi Srinivasan?s remarks in the House, Minister Thangam Thennarasu questioned why the Union government, which had greenlit the Kochi Metro Rail Projects, hadn't extended the same approval to those in Chennai.

He pressed Vanathi, the BJP legislator, to leverage her influence at the Centre to secure approval, particularly for the Coimbatore project.

Expressing dissatisfaction with the Narendra Modi-led Union government, Minister Thangam Thennarasu highlighted that the State government was solely financing the Chennai Metro Rail Phase II project, costing an estimated Rs 69,000 crore. He queried why the Centre hadn't contributed any funds thus far.

In response, Coimbatore (South) MLA Vanathi stated that the state BJP unit is prepared to engage in discussions with the Centre once the state government shares detailed plans for the Chennai, Madurai, and Coimbatore Metro Rail schemes.

Vanathi emphasised the TN BJP's commitment to Tamil Nadu's development, urging all parties to prioritize state progress over political agendas during the budget debate in the House.

During a session, State Minister for Finance and Human Resources Management, Thangam Thennarasu, urged the State BJP unit to seek approval from the Modi-led Union government for metro rail projects, along with its anticipated contribution. In response to BJP MLA Vanathi Srinivasan?s remarks in the House, Minister Thangam Thennarasu questioned why the Union government, which had greenlit the Kochi Metro Rail Projects, hadn't extended the same approval to those in Chennai. He pressed Vanathi, the BJP legislator, to leverage her influence at the Centre to secure approval, particularly for the Coimbatore project. Expressing dissatisfaction with the Narendra Modi-led Union government, Minister Thangam Thennarasu highlighted that the State government was solely financing the Chennai Metro Rail Phase II project, costing an estimated Rs 69,000 crore. He queried why the Centre hadn't contributed any funds thus far. In response, Coimbatore (South) MLA Vanathi stated that the state BJP unit is prepared to engage in discussions with the Centre once the state government shares detailed plans for the Chennai, Madurai, and Coimbatore Metro Rail schemes. Vanathi emphasised the TN BJP's commitment to Tamil Nadu's development, urging all parties to prioritize state progress over political agendas during the budget debate in the House.

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Next Story
Infrastructure Energy

SC Allows State Tax on Mines, Minerals

Opposition leaders have welcomed the Supreme Court's recent decision permitting states to levy taxes on mines and mineral-bearing lands, as reported. The ruling is seen as a significant victory for state governments seeking greater control and revenue from natural resource extraction within their jurisdictions. The Supreme Court?s decision empowers states to impose taxes on mining operations and mineral-rich lands, which could enhance their revenue streams and enable better management of local resources. This move is particularly important for states with substantial mineral resources, as it a..

Talk to us?