Compulsory private and innovative financing for Metros. The Union Cabinet has approved on 16 August 2017 a new Metro Rail Policy for private investments and to enable realization of growing metro rail aspirations of a large number of cities. The policy opens a big window
Chief Minister announced Rs.556.9 crore Infra projects. Punjab state’s chief minister Capt Amarinder Singh has finalised Rs.3,000-crore World Bank-aided project for potable water in Amritsar.
NHAI plans to build a flyover, underpass and bridges. Construction work will start in October 2017 on National Highway 8 from Delhi’s Metro Station, to decongest traffic on the road to Indira Gandhi International (IGI) Airport.
Doubling of two lines and a flyover on offer. The Ministry of Railways has given details of three approved projects for doubling of two rail lines and a flyover.
Central Govt to finance all projects. National Mission for Clean Ganga has approved eight sewage infrastructure and treatment plant (STP) projects along the Ganga river.
41 of Namami Gange Programme completed. The Indian government has withdrawn US$91.26 million till now from the World Bank sanctioned US$1 billion loan for projects on the main stem of Ganga river, Lok Sabha was told on 10 Aug 2017.
Bids open for setting up stop-over facilities. The Government has approved a plan for constructing 1,000 kilometers of Expressways under NHDP Phase-VI and bids are being called for stop-over facilities along the highways.
Road improvement to link Gujarati villages. India has signed a loan agreement with the Asian Infrastructure Investment Bank (AIIB) for financing of US$329 million for a mega project covering rural roads in Gujarat.
Japan-India meeting discuss industries for the region. India has identified Connectivity and Road Network Development, especially inter-State roads & major district roads for the Japan-India Cooperation Forum (JICF).
Recognition for India’s smart city mission. Gujarat International Finance-Tec City (GIFT City) won four awards at CMO Asia 2017 on 2nd August 2017 in Singapore.