Indore Development Authority Unveils Rs 15.08 Bn Budget for 2025-26
ECONOMY & POLICY

Indore Development Authority Unveils Rs 15.08 Bn Budget for 2025-26

The Indore Development Authority (IDA) has announced a budget of Rs 15.08 billion for the financial year 2025-26, projecting a profit of Rs 880.12 million. The budget emphasizes the launch of new IDA schemes along with major infrastructure and environmental improvements across the city. Key focus areas include traffic management, the development of master plan roads, electrification, water supply, sewage systems, enhancement of green cover, and air quality improvement through the creation of green belts.

In addition to core infrastructure projects, the budget has also made provisions for non-planned expenditures that cover areas such as art and culture, education, and sports. Preparations for the 2028 Simhastha Kumbh have also been prioritized, particularly the construction of flyovers on the MR-11 and MR-12 master plan roads to manage expected traffic surges during the event.

As part of long-term transport infrastructure planning, the IDA has proposed the development of two new Inter-State Bus Terminals (ISBTs). One is planned on the Bhopal bypass route, and the other on Dhar Road near Chandan Nagar. A proposal has also been made to relocate Chhawani Mandi to Morod to support urban decongestion.

The budget includes significant allocations for specific development areas: Rs 4.32 billion for road development, Rs 2.42 billion for electrification projects, Rs 2 billion for flyover construction, Rs 1.22 billion for deposit work, and Rs 380 million for enhancing greenery.

Officials present at the budget meeting included Municipal Commissioner Shivam Verma, Forest Officer Pradeep Mishra, Additional Collector Jyoti Sharma, and Joint Director of the Town and Country Planning Department Subhashish Banerjee.

News source: The Free Press Journal

The Indore Development Authority (IDA) has announced a budget of Rs 15.08 billion for the financial year 2025-26, projecting a profit of Rs 880.12 million. The budget emphasizes the launch of new IDA schemes along with major infrastructure and environmental improvements across the city. Key focus areas include traffic management, the development of master plan roads, electrification, water supply, sewage systems, enhancement of green cover, and air quality improvement through the creation of green belts. In addition to core infrastructure projects, the budget has also made provisions for non-planned expenditures that cover areas such as art and culture, education, and sports. Preparations for the 2028 Simhastha Kumbh have also been prioritized, particularly the construction of flyovers on the MR-11 and MR-12 master plan roads to manage expected traffic surges during the event. As part of long-term transport infrastructure planning, the IDA has proposed the development of two new Inter-State Bus Terminals (ISBTs). One is planned on the Bhopal bypass route, and the other on Dhar Road near Chandan Nagar. A proposal has also been made to relocate Chhawani Mandi to Morod to support urban decongestion. The budget includes significant allocations for specific development areas: Rs 4.32 billion for road development, Rs 2.42 billion for electrification projects, Rs 2 billion for flyover construction, Rs 1.22 billion for deposit work, and Rs 380 million for enhancing greenery. Officials present at the budget meeting included Municipal Commissioner Shivam Verma, Forest Officer Pradeep Mishra, Additional Collector Jyoti Sharma, and Joint Director of the Town and Country Planning Department Subhashish Banerjee. News source: The Free Press Journal

Next Story
Infrastructure Urban

Development of ICT in Indian Judiciary through e-Courts Phases

The eCourts project, launched under the National eGovernance Plan in 2007, is a Mission Mode Project aimed at modernisng the Indian judiciary through the adoption of Information and Communication Technology (ICT). The initiative is grounded in the "National Policy and Action Plan for Implementation of ICT in the Indian Judiciary" and has been implemented in multiple phases. Phase I (2011–2015) focused on the computerization of judicial infrastructure and ensuring connectivity across courts. During this phase, 14,249 district and subordinate courts were computerised, and Local Area Networks ..

Next Story
Infrastructure Urban

Minority Affairs Minister to Launch PM VIKAS Project via DGSMC

On 29th March 2025, the Ministry of Minority Affairs will launch a new program under the Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) scheme, aimed at enhancing skill development and educational support for minority communities. The initiative, which will be implemented by the Delhi Sikh Gurdwara Management Committee (DSGMC), will benefit a total of 31,600 candidates across the country. Out of the total beneficiaries, 29,600 individuals will receive skill training in industry-relevant fields, while 2,000 candidates will receive educational support. The training will focus on job roles ali..

Next Story
Infrastructure Urban

DARPG and Bhashini Launch Multilingual Tool for Citizen Grievances

To enhance the effectiveness, accessibility, and responsiveness of the grievance redressal system, the Department of Administrative Reforms and Public Grievances (DARPG) has signed a Master Service Agreement with Digital India Bhashini on March 28, 2025. This agreement marks the implementation of a multimodal, multilingual e-Governance solution for the Centralised Public Grievance Redress and Monitoring System (CPGRAMS), in line with the directive of the Prime Minister of India to bring qualitative improvements to citizen service delivery. The new solution aims to empower citizens from diver..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?