Rs.13,397 crore for road projects in Kashmir, northeast

September 29th, 2009 NEW DELHI - With the housing market slowly picking up, realty major Omaxe Ltd is planning to launch four projects shortly, a top official said here Tuesday. "We are planning to launch four projects in the next two to three months with an investment of about Rs.1,500 crore," Rohtash Goel, chairman and managing director of Omaxe, told reporters on the sidelines an event here.

September 27th, 2009 NEW DELHI - The Union Government has released Rs 1,158 crore in the last fiscal, for the modernisation of the state police forces. The bulk of this money has been given to seven Maoist- affected and four insurgency-prone states.

September 25th, 2009 NEW DELHI - Solar energy-powered electrical lighting systems came online Friday in about 3,900 households in 27 remote villages of Gurez tehsil in Jammu and Kashmir, as part of the government's Remote Village Electrification (RVE) Programme. Dedicating the project to about 30,000 people living in these villages, New and Renewable Energy Minister Farooq Abdullah said projects have been sanctioned for extending basic lighting facility to 145 of the 284 un-electrified villages and 28 hamlets in the state.

September 22nd, 2009 SHIMLA - The central government has sanctioned projects worth Rs.243.43 crore that would help strengthen the rural road network in Himachal Pradesh, an official statement said Tuesday. "In order to strengthen the rural road network in the state, the central government has approved Rs.243.43 crore under the Pradhan Mantri Gram Sadak Yojana," Himachal Pradesh Public Works Minister Thakur Gulab Singh said in the statement.

August 13th, 2009 NEW DELHI - The government Thursday said it will set up two major water projects in Mumbai and Chennai at a cost of Rs.2,200 crore aimed at finding a permanent solution to the acute water scarcity in these two metros. "Two mega projects have been sanctioned for two major cities.

July 27th, 2009 SHIMLA - The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs.135 crore to the Himachal Pradesh government for developing rural infrastructure, an official statement said Monday. "Nabard has sanctioned Rs.135 crore to Himachal Pradesh for the year 2009-10.

July 6th, 2009 NEW DELHI - The government has increased its outlay for rural roads by 57 percent to Rs.12,000 crore ($2.5 billion) in the budget presented by Finance Minister Pranab Mukherjee Monday in parliament. "Rural roads have been identified as one of the six components of Bharat Nirman with the goal to provide connectivity to all villages with a population of 1,000 (500 in the case of hilly or tribal areas) with an all-weather road by 2009," said a finance ministry statement.

July 6th, 2009 NEW DELHI - Funds for the ministry of minority affairs has been hiked from Rs.1,000 crore to Rs.1,740 crore to implement projects for the welfare of the minorities, Finance Minister Pranab Mukherjee announced Monday. "The plan outlet in the ministry of minority affairs has been enhanced from Rs.1,000 crore in 2008-09 to Rs.1,740 crore for 2009-10, registering an increase of 74 percent.

July 4th, 2009 AGARTALA - The Left Front government in Tripura Saturday voiced its unhappiness over the railway budget, saying Railways Minister Mamata Banerjee had ignored the northeast by announcing no new schemes or projects for the region. "No new scheme or project was announced in the railway budget.

July 3rd, 2009 NEW DELHI - Union Railway Minister Mamata Banerjee has proposed an outlay of Rs.40,745 crore for 2009-2010, which is 2840 crore more than the allocation proposed in the interim budget. "Rs. 15, 675 crore will be deployed through internal resources and Rs.9, 170 crore from market borrowings.

June 30th, 2009 NEW DELHI - The government Tuesday said it will invest a huge fund for building and revamping road infrastructure in Jammu and Kashmir and northeastern states. The ministry of road transport and highways, while releasing its 100-day agenda, said it has earmarked Rs.13,397.2 crore ($2.8 billion) for road projects in Jammu and Kashmir and northeast.

June 22nd, 2009 NEW DELHI - Delhi Government on Monday revealed through its budget that it would primarily focus its attention on transport sector, urban development and water and sanitation in the year ahead. The highest share in the budget 2009-10 has been earmarked for transport sector which was given Rs 3,069 crore (about 31 per cent) followed by Urban Development with Rs 1,524 crore (15 per cent) and Water and Sanitation with Rs 1,366 crore (14 per cent).

April 15th, 2009 NEW DELHI - The public-private partnership (PPP) projects in the infrastructure sector in various states will provide a Rs.200,000-crore stimulus for the Indian economy, a study by an industrial lobby released Wednesday said. According to the study by the Associated Chambers of Commerce and Industry (Assocham), the PPP projects - especially roads, real estate, power, ports and transport - have tremendous potential to unleash higher growth rate if the investment outlays are utilised effectively.

February 27th, 2009 JAMMU - Jammu and Kashmir, where road density is one of the lowest in the country, will get over Rs.80 billion (Rs.8,000 crore) from the central government to upgrade its vital road network. The Cabinet Committee on Economic Affairs Thursday sanctioned the amount for upgrading 264 km of national highways as part of the National Highways Development Project (NHDP) North-South corridor.

January 7th, 2009 KOLKATA - Civil engineering and construction company Simplex Projects is eyeing projects in the Middle East and the Netherlands, a top official said here Thursday. 'We are in talks for projects in these countries, and in the next two months we will achieve something,' company chairman and managing director B.K.