Mukhyamantri Smart City Yojana To Be Launched In Odisha

11 May 2026 CW Team

The scheme aims to comprehensively redevelop urban areas by upgrading roads, transportation links, electrification and drinking water supply while enhancing parks and other civic amenities to improve quality of life for urban residents. Officials indicated that afforestation will be prioritised to maintain ecological balance within urban zones. Areas that face stormwater drainage issues will receive dedicated drainage infrastructure as part of the first-phase works. Technical teams will conduct surveys and public consultations to finalise project designs and priorities.

Beautification measures are expected to include installation of statues of prominent local figures at major intersections together with decorative lighting to enliven public spaces. Parks will be equipped with recreational facilities intended to promote public health and leisure among city dwellers. Broader infrastructure upgrades form part of the smart city transformation and complementary beautification efforts across municipal areas.

The senior official added that the final decision on which 15 municipalities and five notified area councils will be covered in the initial phase remains pending as technical surveys and consultations continue. Implementation timelines and tendering plans will be announced after the plan framework is completed and clearances obtained. Funding disbursement and procurement norms will follow state financial rules and standard tender procedures. The department signalled that further phases may expand the programme based on lessons from the first rollout.

The Mukhyamantri Smart City Yojana (MSCY) will be launched shortly, with 15 municipalities and five notified area councils (NACs) slated for development in the first phase, a senior official from the state Urban Development department said. The initiative was announced by the chief minister during the recent budget session and carries an allocation of Rs one billion (Rs 1 bn) for the current financial year. The department is finalising the plan’s framework ahead of the formal launch. The scheme aims to comprehensively redevelop urban areas by upgrading roads, transportation links, electrification and drinking water supply while enhancing parks and other civic amenities to improve quality of life for urban residents. Officials indicated that afforestation will be prioritised to maintain ecological balance within urban zones. Areas that face stormwater drainage issues will receive dedicated drainage infrastructure as part of the first-phase works. Technical teams will conduct surveys and public consultations to finalise project designs and priorities. Beautification measures are expected to include installation of statues of prominent local figures at major intersections together with decorative lighting to enliven public spaces. Parks will be equipped with recreational facilities intended to promote public health and leisure among city dwellers. Broader infrastructure upgrades form part of the smart city transformation and complementary beautification efforts across municipal areas. The senior official added that the final decision on which 15 municipalities and five notified area councils will be covered in the initial phase remains pending as technical surveys and consultations continue. Implementation timelines and tendering plans will be announced after the plan framework is completed and clearances obtained. Funding disbursement and procurement norms will follow state financial rules and standard tender procedures. The department signalled that further phases may expand the programme based on lessons from the first rollout.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Infrastructure Urban

11 May 2026

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Infrastructure Urban

11 May 2026

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..