world bank
The Inland Water Transport (IWT) department has signed an MoU with the World Bank for a ₹770 crore loan to improve river transportation in Assam. State CM informed that the central government would refund 80 per cent of the sanctioned amount and the state government would bear the remaining 20 per cent share of the cost. He also flagged off four steel catamaran vessels at Pandu Port where the vessels were launched under a World Bank-funded project to integrate high quality passenger and vehicle ferry services into the state‘s wider transport network system. Assam‘s culture and civilization have been nurtured by the Brahmaputra and Barak rivers and their tributaries but they also pose communication challenges for people living on the banks. The CM further stated that after the Majuli boat accident in September, the state government has taken an aggressive approach to make river transportation more hassle free and secure. Out of the four vessels, two will ply over the river Brahmaputra at Majuli and one each in between Guwahati-North Guwahati and Uzanbazar -Umananda ferry ghats. The newly launched vessels have the capacity of carrying 100 passengers and 50 two-wheelers and are powered with 180 HP twin engines which can travel at a speed of 10 knots forward speed. The vessels have advanced equipment such as control and monitoring, communication and navigation, GPS, wind measurement, life-saving, and firefighting equipment.
Ingka Centres, part of the Ingka Group, which also includes IKEA Retail and Ingka Investments, will invest around ₹3,500 crore amounting to €400

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The Central government has approved ₹3,900 crore for building rail, road and allied infrastructure projects in Uttar Pradesh and Uttarakhand

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The Centre has initiated the process of creating the National Interlinking of Rivers Authority (NIRA), an independent autonomous body

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ICRA Ratings reiterated that the outlook for the Indian Road logistics sector continues to remain stable, supported by improved economic recovery in Q2 FY2022, increased pace of vaccination, and decline in fresh Covid-19 cases from

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Urban logistics spaces in India are expected to exceed 7 million sq. ft by 2022, as demand surges, according to JLL report 'India Urban Logistics - Are dark stores revolutionizing the sector?' The urban logistics industry in India

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According to the Joint Secretary and Mission Director, Ministry of Housing and Urban Affairs, Kunal Kumar, India needs around USD 700 billion

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The Greater Noida Industrial Development Authority (GNIDA) has launched an industrial plot scheme offering 91 plots ranging from 450 square

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Adding to its project portfolio in the Buildings & Factories (B&F) segment, the construction wing of the Larsen and Toubro, has secured a prestigious

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The Mumbai Metropolitan Region Development Authority has targeted to invest ₹5.01 lakh crore in the Mumbai Metropolitan Region on the

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The Central Government and the Asian Development Bank (ADB) has signed a $251 million loan for climate-resilient, integrated urban flood protection

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Patel Engineering Ltd. has witnessed a significant improvement in its overall performance due to a healthy order book position and opening up of

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To develop the Narela sub-city in north Delhi on the lines of Dwarka sub-city, the Delhi Development Authority is building two new sectors for

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SP E&C is taking conscious steps towards reducing air pollution and minimizing the impact of construction activities on the environment, informs Alok

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Deep Foundations Institute of India (DFII) is affiliated with the Deep Foundations Institute (DFI), a US-based international non-profit organization established

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Launching of an “Atmanirbhar Bharat’, Premier Video Security Brand; Technology for boosting movement in FASTag lane; Automatic Raised Rib Marking

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The National Bank for Agriculture and Rural Development (Nabard) has sanctioned ₹608 crore for different infrastructure projects in rural areas

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The Aditya Birla Group has planned to set up a paint unit in West Bengal at ₹1,000 crore investment which will be commissioned in the next

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Gulf Islamic Investment (GII), a leading UAE-based Sharia-compliant financial services firm, has committed to invest ₹3,500 crore in India and will open

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