GMR Airports Targets Rs 19.50 Bn Debt Raise at 13% Yield

Cabinet Approves Highway from JNPA to Chowk in Maharashtra

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the construction of a 6-lane access-controlled Greenfield High-Speed National Highway from JNPA Port (Pagote) to Chowk in Maharashtra. The 29.219 km project will be developed on a Build, Operate, and Transfer (BOT) toll model at an estimated cost of Rs 45 billion. As part of the PM Gati Shakti National Master Plan, the project aims to enhance road connectivity to major ports, addressing increasing container traffic at JNPA and the upcoming Navi Mumbai International Airport. Currently, heavy co..

Effective Implementation of MGNREGA in the Last Decade

The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), enacted in 2005, aims to enhance livelihood security in rural areas by guaranteeing at least 100 days of wage employment per year to willing adult members of rural households performing unskilled manual labour. Over the years, the government has significantly increased budget allocations for the scheme. From Rs 113 billion in 2006-07, the allocation rose to Rs 330 billion in 2013-14 and reached a record Rs 860 billion in 2024-25. During the COVID-19 pandemic in 2020-21, the government spent Rs 1,110 billion under MGNREG..

Government Launches Sagarmala 2.0 to Strengthen Maritime Infra

The 4th National Sagarmala Apex Committee (NSAC) meeting reviewed key projects under the Sagarmala Programme, the flagship initiative of the Ministry of Ports, Shipping & Waterways (MoPSW). The meeting focused on port-led development and strengthening India’s maritime infrastructure. The Ministry is currently implementing 839 projects worth Rs 5.79 trillion under Sagarmala, with 272 projects completed at an investment of Rs 1.41 trillion. Among these, 234 port modernization projects worth Rs 2.91 trillion are underway, with 103 projects completed, adding 230 MTPA capacity. Addit..