Centre Considers Goa’s Rs 6.5 Bn Tap Water Plan

19 May 2025 CW Team

The central government has agreed to consider Goa’s proposal for a Rs 6.5 billion ‘Drink from Tap’ (DfT) scheme aimed at providing round-the-clock potable water supply across the state.

The assurance was given during a high-level review meeting in Panaji between the Union Minister for Housing and Urban Affairs and Goa’s Chief Minister, which assessed the progress of key urban development initiatives.

Goa is seeking Rs 3.26 billion in central assistance under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0. The DfT project includes water source augmentation, infrastructure upgrades, network rehabilitation, smart metering, and IoT-based monitoring systems. The Union Minister instructed officials to evaluate the proposal under the scheme.

Highlighting Goa’s unique urban pressures, especially from peak tourist inflows, the Chief Minister also requested enhanced support under AMRUT 2.0 and Swachh Bharat Mission – Urban (SBM-U) 2.0. In response, the Union Minister agreed to explore policy changes to aid tourism-centric states.

The meeting also reviewed progress under major programmes such as the Smart Cities Mission, Pradhan Mantri Awas Yojana – Urban (PMAY-U), Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM), and PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi).

Goa was urged to speed up pending water and sanitation works, revise action plans, and enhance proposal submissions. Officials were also asked to promote PMAY-U 2.0 to improve housing uptake and to submit proposals under the PM-eBus Sewa Scheme to expand clean urban mobility.

The Union Minister stressed the importance of strategic urban planning and greater public-private partnerships to support sustainable growth in the state.

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..