L&T Chairman S.N. Subrahmanyan highlighted the challenges in finding workers for the construction industry, attributing it to government welfare schemes. He also raised concerns about high attrition rates and the need for wage revisions, sparking further debate about work-life balance.
Results for: Infrastructure Development
Delhi’s BJP government faces major challenges: improving infrastructure, cleaning the Yamuna river, and tackling pollution. The city’s massive population and inadequate services create hurdles. Success hinges on inter-governmental cooperation and efficient resource management.
Sambhajinagar is emerging as Maharashtra’s next investment hub, attracting major automotive companies. The state government is actively promoting investor confidence and offering incentives. Maharashtra aims to lead in the EV sector and infrastructure development, with projects like the Samruddhi Marg and Vadhavan port. Record-breaking investments and a focus on new technologies are driving the state towards a trillion-dollar economy.
Maharashtra is set to play a crucial role in making India the world’s third-largest economy by 2030. Focus on aviation, manufacturing, agriculture, and tourism will drive growth. Job creation and educational partnerships are key, with Vidarbha becoming a steel and logistics hub. Investments in dairy and orange production will empower farmers.
Cube Highways Trust (Cube InvIT) will acquire two road assets from NIIF for Rs 4,184.7 crore. The deal includes the Quazigund Expressway and Athaang Jammu Udhampur Highway, totaling 80 km in Jammu and Kashmir. This acquisition aligns with Cube InvIT’s strategy to acquire high-quality assets.
India’s infrastructure spending reached Rs 11 lakh crore in the past year, focusing on railways, highways, and telecom. The government aims to make India the third largest economy by 2027 and a global leader by 2047. The budget also includes tax relief for the middle class and modernization of the postal service.
Kerala’s 2025-26 budget prioritizes infrastructure development, with increased spending across sectors. Revenue-boosting measures, including tax increases, are planned to address a significant budget deficit. Key projects include Vizhinjam port expansion and new metro rail systems.
Assam Chief Minister Himanta Biswa Sarma announced a major initiative to upgrade 500 government schools with modern facilities. The state is also building numerous medical colleges and universities, along with bridges across the Brahmaputra River, signifying rapid development in education and infrastructure.
India’s Budget 2025-26 introduced a partial credit enhancement facility for corporate bonds, aiming to boost infrastructure development. NaBFID, a development finance institution, expects this facility to be operational by April, enabling corporates to access funds at better terms and improve credit ratings for municipalities. This will lower borrowing costs for infrastructure projects and improve the creditworthiness of many corporations.
The Delhi-Dehradun Expressway’s 3.5 km section is now fully open, with all six lanes operational. This is part of a larger 212 km project to reduce travel time between Delhi and Dehradun, significantly improving connectivity and infrastructure. The toll-free initial section and safety features such as foot-over bridges highlight the project’s importance.