91 Per Cent of Centre鈥檚 FY25 Investments Target Five Core Sectors: BoB Report

22 Apr 2025 CW Team

About ninety-one per cent of the central government鈥檚 Rs 6.8 trillion investment in financial year 2024鈥�25 has been directed towards five key sectors, according to a research report by Bank of Baroda.

The report identifies the top sectors as renewable electricity, road transport, refineries, conventional electricity, and shipping. Renewable power alone accounts for thirty-seven per cent of total investments, with Rs 2.7 trillion allocated to generate 12,555 megawatts of energy.

Refinery projects are set to receive Rs one trillion, targeting 600 megawatts of output, while conventional electricity is expected to attract Rs 993.76 billion. This includes a Rs 800 billion project in Bihar, along with smaller developments in Odisha and Chhattisgarh. In the shipping sector, Gujarat is the primary beneficiary with projects worth Rs 587.5 billion out of a total Rs 621.2 billion. Other states like Assam, Karnataka, Kerala, and Tamil Nadu will also see new port-related infrastructure.

Only nine per cent of investments are directed towards other sectors such as housing, railways, education, healthcare, and chemicals. Chhattisgarh leads state-wise investment with Rs 1.4 trillion, followed by Odisha with Rs 800 billion.

Source: ANI

Real Estate

23 Jun 2025

Sterling Unveils Premium Retreat Near Lansdowne at Vanvasa Resort

Sterling Holiday Resorts has launched Sterling Vanvasa, its latest premium hideaway located near Lansdowne, Uttarakhand. Set amidst 30 acres of forested hillside, this offbeat destination is designed for travellers seeking tranquillity, nature, and a break from urban stress. It marks Sterling鈥檚 eighth resort in the state, strengthening its position in curating India鈥檚 most serene holiday escapes. Situated beyond Juee village at an altitude of over 3,200 feet, the retreat offers panoramic views of the Garhwal Himalayas, lush pine and sal forests, and the distant Ramganga river. Far fro..

Resources

23 Jun 2025

REC Wins ASSOCHAM CSR Award for Healthcare Support Initiatives

REC, a Maharatna Central Public Sector Undertaking (CPSU) and leading non-banking financial company (NBFC) under the Ministry of Power, Government of India, has received the ASSOCHAM CSR and Sustainability Award 2024 for 鈥楨xcellence in Providing Support to Healthcare鈥�. The award was presented during the 6th ASSOCHAM CSR and Sustainability Conference and Awards held in Hyderabad. Shri Anjan Lahiri, Senior General Manager and Head of Department (REC Foundation), received the honour on behalf of REC from the Hon鈥檅le Deputy Chief Minister of Telangana, Shri Mallu Bhatti Vikramarka. ..

Infrastructure Urban

23 Jun 2025

Essensai067 to Launch Sustainable Adventure Park for Children in July

Essensai067, the sustainable, community-first retail enclave in Whitefield, is set to open a state-of-the-art Adventure Park for children under 12 this July. Designed to foster physical activity, imagination, and social connection, the park aligns with Essensai067鈥檚 philosophy of creating meaningful, inclusive spaces. Spread across 5.16 acres of heritage land, Essensai067 integrates food, fashion, art, and music with wellness and community engagement. The Adventure Park reinforces this vision by offering a nature-inspired play environment, aimed at reducing children鈥檚 screen time and ..