Rs 100 billion investment in pipeline for Andaman & Nicobar
ECONOMY & POLICY

Rs 100 billion investment in pipeline for Andaman & Nicobar

The government has invested Rs 300 billion in the last eight years in the Andaman and Nicobar Islands, and investments of over Rs 100 billion are in the pipeline, Union Minister L Murugan said.

Addressing a press conference, Murugan said a transhipment hub, a greenfield international airport, a township, and a diesel and solar power plant have been planned as part of the proposed mega infrastructure project on the Great Nicobar Island.

The minister added that in the last eight years, the government has invested more than Rs 300 billion in the development of the islands, and investments worth Rs 100 billion are in the pipeline. This will not only generate a lot of employment opportunities for the local youth but will also boost the economy.

The minister expressed satisfaction with the implementation of central projects by the local administration. Further, nearly 62,000 water connections have been provided and more than 95 per cent of work for 1,338 houses under the PM Awas Yojana is complete. In the aviation sector, around Rs 7.10 billion is being invested in the islands. A detailed project report is being prepared for a fishing harbour at Mayabunder.

The government has invested Rs 300 billion in the last eight years in the Andaman and Nicobar Islands, and investments of over Rs 100 billion are in the pipeline, Union Minister L Murugan said. Addressing a press conference, Murugan said a transhipment hub, a greenfield international airport, a township, and a diesel and solar power plant have been planned as part of the proposed mega infrastructure project on the Great Nicobar Island. The minister added that in the last eight years, the government has invested more than Rs 300 billion in the development of the islands, and investments worth Rs 100 billion are in the pipeline. This will not only generate a lot of employment opportunities for the local youth but will also boost the economy. The minister expressed satisfaction with the implementation of central projects by the local administration. Further, nearly 62,000 water connections have been provided and more than 95 per cent of work for 1,338 houses under the PM Awas Yojana is complete. In the aviation sector, around Rs 7.10 billion is being invested in the islands. A detailed project report is being prepared for a fishing harbour at Mayabunder.

Next Story
Real Estate

Rethinking Slum Development

In July 2024, the Supreme Court directed the Bombay High Court to initiate suo motu proceedings to evaluate the implementation of the Maharashtra Slum Area (Improvement, Clearance and Redevelopment) Act.During the ensuing proceedings, the Division Bench of Justices expressed concern about the plight of slum dwellers, saying, “Merely because you are a slum dweller doesn’t mean that you are left to the discretion of developers. They end up with a pittance.” The Bench also noted that the buildings allocated to slum dwellers were akin to “vertical slums”. “The buildings are congested. ..

Next Story
Real Estate

Ring in the New!

Lighting:OLED (organic light emitting diode) panels such as those by Philips are the latest option in soft lighting fixtures that can be embedded into walls, ceilings or furniture, says Nilesh Sawant, Principal Architect, Nilesh Sawant Architect. “Being thin and flexible, they lend themselves well to different applications while delivering the energy-efficiency associated with LED technology.”And Sapna Aggarwal, Founder, ANSA Architecture & Interiors, says “Embedded light-emitting diodes can create a dreamy illumination, while dimmable LEDs are useful for allowing..

Next Story
Infrastructure Urban

Jhansi Library

The Jhansi Library, commissioned by the Jhansi Development Authority (JDA) under the Jhansi Smart City initiative and built by Bootes Impex, a net-zero construction-tech company. It is the first library in Asia to achieve EDGE (Excellence in Design for Greater Efficiencies) certification from the International Finance Corporation (IFC), a member of the World Bank Group. This milestone marks the library as India’s first and only net-zero library, aligning  with India’s Net-Zero Vision 2070.Sustainable designDeepak Rai, Managing Director, Bootes Impex, explains, “The project's vision ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000