Ludhiana toll road creditors OK NARCL's Rs 2.7 bn debt settlement
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
300-foot-wide greenfield road to connect ORR and RRR in Telangana
A new 300-foot-wide greenfield road is set to connect the Outer Ring Road (ORR) with the Regional Ring Road (RRR) in Telangana. This project aims to enhance connectivity and ease traffic congestion in the region, facilitating smoother transportation for commuters and freight.The development of this road is part of the state's broader initiative to improve infrastructure and promote economic growth. Authorities expect that the new link will significantly reduce travel time between key areas, contributing to better accessibility for residents and businesses alike...
Mumbai-Ahmedabad Bullet Train: Foundation work completed for 8 stations
The Mumbai-Ahmedabad bullet train project has made significant progress, with the foundation work for eight stations in Gujarat now complete. This development marks a crucial step forward in the ambitious initiative aimed at enhancing connectivity between the two major cities.The project, which is expected to reduce travel time significantly, reflects the government's commitment to modernizing India's transportation infrastructure. With the completion of these foundations, the focus will now shift to the next phases of construction, including superstructure work and station facilities...
Govt caps interest subvention at Rs 5 cr per IEC for MSME manufacturers
The government has set a limit on the interest subvention amount for MSME manufacturers at ₹5 crore per Interest Eligibility Certificate (IEC). This decision is aimed at streamlining financial support to micro, small, and medium enterprises (MSMEs) and ensuring that the assistance is utilized effectively.The cap is part of the broader strategy to enhance the competitiveness of MSMEs in the manufacturing sector, enabling them to access affordable credit while encouraging growth and innovation. Industry experts believe that this measure will provide clarity and stability for manufacturers seek..