ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Funding of Rs.40 Bn for Rural Roads in Gujarat
ROADS & HIGHWAYS

Funding of Rs.40 Bn for Rural Roads in Gujarat

In a significant development for rural infrastructure, the New Development Bank (NDB) is set to provide funding of ?40 billion for the development of rural roads in Gujarat. As reported by The Times of India, this financial support is designated for projects under the Mukhya Mantri Gram Sadak Yojana, highlighting the commitment to enhancing connectivity and infrastructure in rural areas of the state.

The report emphasises the substantial financial injection from the NDB, specifically earmarked for rural road development. The funding under the Mukhya Mantri Gram Sadak Yojana signifies a strategic approach to uplift rural connectivity, fostering socio-economic development and improving accessibility for residents in remote areas.

The NDB's involvement in funding rural roads aligns with the broader vision of optimizing infrastructure in Gujarat. This financial boost is expected to catalyze the progress of rural road projects, contributing to the overall well-being and development of rural communities.

In summary, the NDB's commitment to fund Rs.40 billion for rural roads in Gujarat under the Mukhya Mantri Gram Sadak Yojana is a significant stride towards bolstering rural infrastructure. This initiative is poised to have a transformative impact on connectivity and accessibility, enhancing the quality of life for residents in rural areas of the state.

In a significant development for rural infrastructure, the New Development Bank (NDB) is set to provide funding of ?40 billion for the development of rural roads in Gujarat. As reported by The Times of India, this financial support is designated for projects under the Mukhya Mantri Gram Sadak Yojana, highlighting the commitment to enhancing connectivity and infrastructure in rural areas of the state. The report emphasises the substantial financial injection from the NDB, specifically earmarked for rural road development. The funding under the Mukhya Mantri Gram Sadak Yojana signifies a strategic approach to uplift rural connectivity, fostering socio-economic development and improving accessibility for residents in remote areas. The NDB's involvement in funding rural roads aligns with the broader vision of optimizing infrastructure in Gujarat. This financial boost is expected to catalyze the progress of rural road projects, contributing to the overall well-being and development of rural communities. In summary, the NDB's commitment to fund Rs.40 billion for rural roads in Gujarat under the Mukhya Mantri Gram Sadak Yojana is a significant stride towards bolstering rural infrastructure. This initiative is poised to have a transformative impact on connectivity and accessibility, enhancing the quality of life for residents in rural areas of the state.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement