UP Government Grants Tax Exemption to DMRC, NCRTC

01 Mar 2024 CW Team

The Uttar Pradesh government takes a significant step by granting tax exemptions to the Delhi Metro Rail Corporation (DMRC) and the National Capital Region Transport Corporation (NCRTC). This strategic move not only signifies support for crucial infrastructure projects but also aims to encourage the seamless development of urban transportation in the state.

By exempting DMRC and NCRTC from municipal taxes, the government underscores the importance of facilitating large-scale public transportation initiatives. This financial relief is expected to contribute to the effective implementation of metro and rapid rail projects, promoting connectivity and easing commuting challenges in the National Capital Region (NCR).

The decision aligns with the broader vision of creating modern and efficient transportation systems that cater to the growing needs of urban populations. Exempting these key agencies from municipal taxes reflects a recognition of their pivotal role in enhancing regional connectivity and promoting sustainable modes of transportation.

As DMRC and NCRTC play vital roles in transforming the transportation landscape of the NCR, the tax exemption is anticipated to positively impact the financial viability and execution of ongoing and upcoming projects. The Uttar Pradesh government's proactive measure demonstrates a commitment to fostering infrastructural growth and ensuring that critical projects contribute to the overall development of the region.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..