Tag: Narendra Modi

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Asian Development Bank commits $10 billion plan for India’s urban transformation

NEW DELHI: The Asian Development Bank (ADB) has committed up to USD 10 billion for India’s urban transformation, including metro extension in the next five years, ADB President Masato Kanda has said. “Cities are engines of growth…ADB will mobilize capital, accelerate delivery, and scale solutions that keep India’s urban economy moving and people thriving on the road to Viksit Bharat by 2047,” Kanda said after meeting Prime Minister Narendra Modi here on Saturday. The transformation plan includes sovereign loans, private sector financing, and third-party capital, ADB said in a statement. The initiative is anchored by India’s flagship Urban Challenge Fund…

Infrastructure

PM inaugurates first phase of Indore metro

File Photo INDORE: Prime Minister Narendra Modi on Saturday inaugurated the first phase of the Indore metro project through video link from Bhopal, marking the beginning of the first metro rail service in Madhya Pradesh. Speaking at the Women Empowerment Mega Conference in Bhopal on the occasion of the 300th birth anniversary of Devi Ahilya Bai Holkar, Modi said, “Madhya Pradesh has received its first metro today. Indore has already earned global recognition for its cleanliness. Now, the city will also be known for its metro.” Commercial operations started on Saturday on the approximately 6 km ‘Super Priority Corridor’ between…

Industry

PM asks officials to focus on full redressal of homebuyers’ grievances than simple disposal of plaints

File Photo NEW DELHI: The monthly Pragati meeting on Wednesday turned out to be a reality check for real estate regulators (Reras) with PM Narendra Modi asking probing questions to top state officials, including if they have ever tried to find out whether homebuyers are satisfied with the “disposal” of complaints. Modi also pointed out how just totting-up redressal numbers wasn’t enough. The PM directed all state chief secretaries to hold regular reviews and ensure that there is “complete redressal” of homebuyers’ grievances. Sources said to the discomfort of officials, the PM, while reviewing “issues related to Reras”, said realtors…

Infrastructure

PM to inaugurate Indore metro phase 1 along with Datia & Satna airports on May 31

INDORE: Prime Minister Narendra Modi will inaugurate the first phase of the Indore Metro Rail project along with Datia and Satna airports via video conferencing during his Bhopal visit on May 31, a senior Madhya Pradesh cabinet member said on Tuesday. During his day-long visit to Bhopal, the PM will take part in a conference organised on the 300th birth anniversary of Devi Ahilyabai Holkar, the legendary queen of the Malwa kingdom (now part of Madhya Pradesh), said Parliamentary Affairs Minister and Cabinet spokesman Kailash Vijayvargiya. “PM Modi will participate in the women empowerment programme and women’s conference organised on…