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Mumbai: In a major push to fast-track regional connectivity and economic growth, the Maharashtra government approved a revised alignment for the ambitious Shaktipeeth Expressway, increasing its length, cost and geographical reach while addressing earlier resistance from farmers and environmental concerns. Cleared on April 1, the redesigned Nagpur-Goa corridor will now span 856.765 km, an increase of 54 km from the earlier 802.592 km plan. The expansion has also driven up the estimated project c ...Read More >
MUMBAI: With the State Election Commission on Monday announcing January 15 as the date of the BMC polls, political activity in the city has intensified, with all major parties holding high-level meetings to finalise strategies and chart their campaign plans. The buzzword being flung around this time by almost all the contenders appears to be "development". The Shiv Sena (UBT), which has held power in the BMC for five consecutive terms, said that it remained confident about voters backing its re ...Read More >
The Maharashtra government has approved the construction of a four-lane expressway connecting Nagpur and Chandrapur. Directed by Chief Minister Devendra Fadnavis, the project will expand connectivity and drive economic growth. The initiative includes plans for additional routes, integrated development, and investment models involving private sector participation. The Maharashtra government has given the nod for a new expressway between Nagpur and Chandrapur, stretching over 204 kilometers. The ...Read More >
Mumbai: Heated arguments broke out on Friday between legislators from the Eknath Shinde-led Shiv Sena and other parties during the Thane district planning and development committee meeting, as lawmakers across party lines spoke about the worsening traffic situation in Thane and other parts of the Mumbai Metropolitan Region (MMR) and blamed a nexus of politicians and bureaucrats for the poor condition of roads in the region. Subsequently, deputy chief minister and guardian minister of Thane, Ekn ...Read More >
Jharsuguda (Odisha) [India], September 27 (ANI): Prime Minister Narendra Modi on Saturday was felicitated by Odisha Governor Hari Babu Kambhampati and Chief Minister Mohan Charan Manjhi in Jharsuguda. The PM, during his visit, will lay the foundation stone and inaugurate multiple development projects worth over Rs 60,000 crore. Also Read | Eknath Shinde Orders Suspension of MSRDC Officer Over Traffic Woes in Thane, Mumbai Metropolitan Region; Announces MMRDA Will Use AI To Study Congestion Iss ...Read More >
Surat (Gujarat) [India], September 27 (ANI): Surat is set to witness a major boost in growth and connectivity with the upcoming Bullet Train station. The station has been thoughtfully designed with a strong focus on passenger comfort and convenience. Soothing interiors, natural lighting through skylights, and well-ventilated platforms will ensure a calm and pleasant travel experience. The station is equipped with modern passenger amenities like a waiting lounge, nursery, restrooms, retail outle ...Read More >
New Delhi [India], September 27 (ANI): The Government e Marketplace (GeM) and the Arun Jaitley National Institute of Financial Management (AJNIFM), on Wednesday, signed a Memorandum of Understanding (MoU) to strengthen India's public procurement system through training, research and knowledge building. According to a statement, the MoU, signed in Delhi, aims to integrate GeM's digital procurement platform with AJNIFM's expertise in training and capacity building. The release stated that the col ...Read More >
New Delhi [India], September 27 (ANI): Prime Minister Narendra Modi on Saturday said that BSNL's 4G stack embodies the swadeshi spirit. Responding to a post by Union Minister Jyotiraditya Scindia on X, PM Modi said: "Union Minister Scindia highlights how BSNL's 4G stack embodies the swadeshi spirit. Also Read | Eknath Shinde Orders Suspension of MSRDC Officer Over Traffic Woes in Thane, Mumbai Metropolitan Region; Announces MMRDA Will Use AI To Study Congestion Issues. "With over 92,000 sites ...Read More >
New Delhi, Sep 26 (PTI) Infrastructure consultancy firm Aarvee Engineering Consultants Ltd has filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO) comprising fresh issuance of shares worth Rs 202.5 crore. Apart from the issue, there will be an offer for sale (OFS) component of 67.5 lakh shares by a promoter, according to the draft red herring prospectus (DRHP) filed on Thursday. The Hyderabad-headquartered company, may consider a pre-IPO ...Read More >
Mumbai: A troubling financial pattern is emerging in Maharashtra, where off-budget borrowings -- intended to fund infrastructure and development -- are increasingly being used to repay previous loans and clear arrears. This cycle of debt to service debt, bypassing legislative scrutiny, poses long-term fiscal risks, according to recent disclosures in the state legislature. About The Documents Tabled During the just-concluded Monsoon session, two crucial documents were tabled: the Comptroller an ...Read More >
Mumbai, July 18 (SocialNews.XYZ) The Comptroller and Auditor General of India (CAG) on compliance audit has made a scathing observation over the "irregular" revenue waiver by the Maharashtra government of Rs 71.07 crore to the toll operator on the Mumbai-Pune Expressway for a period during the lockdown as a result of Covid-19 pandemic, officials said on Friday. The auditor report was tabled by Deputy Chief Minister Ajit Pawar in the Assembly on Friday. The audit report said that Mumbai-Pune Ex ...Read More >
NAVI MUMBAI/PUNE: Stating that 94% of the work on the Navi Mumbai International Airport (NMIA) was over, CM Devendra Fadnavis on Saturday said the remaining work should proceed in such a way that the first passenger flight can start operations by end of Sept.He said airport authorities had been asked to increase the numerical strength of workers to meet this target. Along with the airport, the Mumbai-Pune Expressway 'missing link' project will help the state govt develop an economic corridor com ...Read More >
New Delhi [India], July 13 (ANI): Sneha Debnath, a 19-year-old girl from Sabroom in South Tripura district, reportedly went missing in the national capital. Following this, Tripura Chief Minister Manik Saha gave necessary instructions to the police to take immediate and appropriate action on the matter. Also Read | Trump Announces 30% Tariffs on EU Goods as Trade Talks Stall. In a statement posted on its official social media account, the Tripura Chief Minister's Office stated, "The report of ...Read More >
Navi Mumbai/Pune: Stating that 94% of the work on the Navi Mumbai International Airport (NMIA) was over, CM Devendra Fadnavis on Saturday said the remaining work should proceed in such a way that the first passenger flight can start operations by end of Sept. He said airport authorities had been asked to increase the numerical strength of workers to meet this target. Along with the airport, the Mumbai-Pune Expressway 'missing link' project will help the state govt develop an economic corridor co ...Read More >
Pune: Chief minister Devendra Fadnavis on Saturday said that the Navi Mumbai airport and Mumbai-Pune Expressway missing link projects will help state govt develop an economic corridor comprising Mumbai, Mumbai Metropolitan Region and Pune."Pune will be getting a new airport. But meanwhile the Navi Mumbai airport is nearing completion and once the missing link gets ready, Pune residents will be able to reach Navi Mumbai airport in a little more than an hour. The missing link project will help the ...Read More >
Pune, July 12 (SocialNews.XYZ) Chief Minister Devendra Fadnavis on Saturday said that the 'Missing Link Project' on the Mumbai-Pune Expressway will reduce the distance between the Mumbai-Pune, benefiting passengers. He claimed that the steep ghat section on the highway will be bypassed, eliminating traffic bottlenecks caused by the ghat road. "Once completed, this expressway will offer a smooth journey. The project includes a total of three tunnels - one of them is 9 km long and 23 m wide, mak ...Read More >
Mumbai, July 9 (PTI) The Maharashtra Assembly passed a bill amending the Slum Area (Improvement, Clearance and Redevelopment) Act, 1971, on Wednesday, which allows the Slum Rehabilitation Authority (SRA) to recover pending transit rent dues from builders or developers. The amendment bill seeks to treat unpaid rent to slum dwellers as arrears of land revenue, thereby empowering the SRA to initiate recovery proceedings under the Maharashtra Land Revenue Code (MLRC). Also Read | PM Modi in Namibi ...Read More >
Mumbai, July 9 (PTI) The Maharashtra Assembly passed a bill amending the Slum Area (Improvement, Clearance and Redevelopment) Act, 1971, on Wednesday, which allows the Slum Rehabilitation Authority (SRA) to recover pending transit rent dues from builders or developers. The amendment bill seeks to treat unpaid rent to slum dwellers as arrears of land revenue, thereby empowering the SRA to initiate recovery proceedings under the Maharashtra Land Revenue Code (MLRC). As per the proposed amendment ...Read More >
Thane: The Maharashtra State Road Development Corporation (MSRDC) has denied the presence of potholes on the newly inaugurated Katai-Nilje flyover, located at the Palava junction on Dombivli-Manpada Road. The flyover, inaugurated on July 4 by Dombivli MLA Rajesh More from the Eknath Shinde faction, was temporarily closed for few hours after videos appearing to show potholes went viral on social media. An MSRDC official clarified that the issue was not potholes, but excess bitumen on the road su ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Maharashtra Chief Minister Devendra Fadnavis, on Friday, directed the administration that after the completion of major infrastructure projects, nearby government land should be identified and developed into new economic hubs on the lines of the Bandra-Kurla Complex (BKC). He gave these directives during a review meeting of the north-bound Versova to Bhayandar coastal road project. Chief Minister Fadnavis also instructed that the road project be executed while ...Read More >
MUMBAI: Usually, an infrastructure project subject to delays in completion witnesses a sizeable cost escalation. This time around, however, a project's cost has been trimmed by nearly 40% by deleting some of its components and changing its design. This is the Uttan-Virar Sea Link (UVSL), to be implemented by the Mumbai Metropolitan Region Development Authority (MMRDA). The changes happened on the directive of chief minister Devendra Fadnavis on Thursday. As per the estimates and plans prepared ...Read More >
Mumbai, June 26 (SocialNews.XYZ) Maharashtra Chief Minister Devendra Fadnavis said on Thursday that the state government will go ahead with the development of 802-km Shaktipeeth Mahamarg costing Rs 86,300 crore, saying that the state Finance department has not raised objection regarding the infrastructure project. The statement by CM Fadnavis comes after the state Finance department said the Rs 20,878-crore loan guarantee extended by the Maharashtra Cabinet will put financial burden on the stat ...Read More >
Pune: Maharashtra Chief Minister Devendra Fadnavis on Sunday inaugurated the new administrative office of Maharashtra Energy Development Agency (MEDA) in Pune. After inaugurating the newly constructed office, CM Fadnavis said, "The Maha Urja building is a prime example of a green architecture. It focuses on energy conservation, and is designed to generate as much energy as it consumes, essentially making it a net-zero energy building." He highlighted that the government had been pushing for lar ...Read More >
Pune (Maharashtra) [India], June 8 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Sunday inaugurated the new administrative office of Maharashtra Energy Development Agency (MEDA) in Pune. After inaugurating the newly constructed office, CM Fadnavis said, "The Maha Urja building is a prime example of a green architecture. It focuses on energy conservation, and is designed to generate as much energy as it consumes, essentially making it a net-zero energy building." Also Read | Modi Gover ...Read More >
MUMBAI: "A decade-old dream has been realised. It's not just a road but a corridor of prosperity for Maharashtra," said chief minister Devendra Fadnavis, referring to the Nagpur-Mumbai Expressway, whose final stretch he inaugurated on Thursday. Throwing open the 76-km stretch between Igatpuri in Nashik and Amane in Thane, Fadnavis also said the expressway would halve travel time between Mumbai and Nagpur, to just eight hours. He said the 701-km-long road corridor, officially called the 'Hindu ...Read More >
New Delhi [India], June 6 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Friday announced the completion of the Hinduhrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg and stated that it was a historic and emotional moment. In a post on social media X, the CM wrote that the project was not just a road but a strong step towards a brighter future. 'A truly historic and emotional moment - the dream of a 'Samruddha' Maharashtra has come true! 'Hinduhrudaysamrat Balasaheb Thac ...Read More >
New Delhi [India], June 6 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Friday announced the completion of the Hinduhrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg and stated that it was a historic and emotional moment. In a post on social media X, the CM wrote that the project was not just a road but a strong step towards a brighter future. 'A truly historic and emotional moment - the dream of a 'Samruddha' Maharashtra has come true! 'Hinduhrudaysamrat Balasaheb Thac ...Read More >
Mumbai: Some economists are batting for an outsized rate cut-of half a percentage point instead of the customary quarter-as future price pressures appear benign and credit demand remains subdued. Economists from the State Bank of India and Piramal Enterprises are advocating a 50-basis-point (bps) reduction in the policy rates, due to be announced after the latest bi-monthly review Friday morning, even though an ET survey of a dozen bankers and economists indicates a 25 bps cut. One basis point ...Read More >
Mumbai: While the Nagpur-Mumbai Samruddhi Expressway is now fully operational, a crucial extension of the Mumbai-Nashik Highway from four to eight lanes over a 23-km stretch between Magathane and Vadpe remains incomplete -- even after more than four years of work. The project, whose revised deadline was Feb 2025, continues to be behind schedule.The widening of this stretch was supposed to be completed before the Samruddhi Expressway was opened, in order to accommodate the anticipated surge in tr ...Read More >
Mumbai: Maharashtra will connect the Nagpur-Mumbai Samruddhi expressway corridor to the upcoming greenfield Vadhvan port, slated to be the country's biggest such facility, via the Nashik highway, the upcoming Delhi-Mumbai greenfield expressway corridor, the Mumbai-Ahmedabad highway, the under-construction bullet train corridor, and the coastal road that is planned to be extended up to the port."The Prosperity corridor will have up to 500 MW to 1,000 MW capacity solar plant along it with 200 MW s ...Read More >
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