PM Modi to launch 2,000 railway infrastructure projects worth over Rs 41,000 cr

PM Modi To Launch 2,000 Railway Infrastructure Projects Worth Over Rs 41,000 Cr

by Utkalika Mohanty

NEWS HIGHLIGHTS

Prime Minister Shri Narendra Modi will lay the foundation stone, inaugurate and dedicate to the nation around 2,000 railway infrastructure projects worth more than Rs 41,000 crore on Monday.

New Delhi, Feb 26: Prime Minister Shri Narendra Modi will lay the foundation stone, inaugurate and dedicate to the nation around 2,000 railway infrastructure projects worth more than Rs 41,000 crore on Monday.

The event will be held at 12:30 p.m. via video conferencing.

In a post on X, PM Modi said, "Today is a historic day for our Railways! At 12:30 PM, 2000 railway infrastructure projects worth over Rs. 41,000 crores will be dedicated to the nation.

Today is a historic day for our Railways!

At 12:30 PM, 2000 railway infrastructure projects worth over Rs. 41,000 crores will be dedicated to the nation.

In order to enhance the travel experience, 553 stations will be redeveloped under the Amrit Bharat Station Scheme. The… https://t.co/ddKNWiGIn4 — Narendra Modi (@narendramodi) February 26, 2024

"In order to enhance the travel experience, 553 stations will be redeveloped under the Amrit Bharat Station Scheme. The foundation stones for these stations would be laid. Overbridges and underpasses across India will also be inaugurated.

"These works will further ‘Ease of Living’ for the people."

In a major step to provide world class amenities at railway stations, the Prime Minister will lay the foundation stone for redevelopment of 553 railway stations under the Amrit Bharat Station Scheme.

These stations, spread across 27 states and Union Territories, will be redeveloped at a cost of over Rs 19,000 crore. These stations will act as ‘City Centres’ integrating both sides of the city. They will have modern passenger amenities like roof plaza, beautiful landscaping, inter modal connectivity, improved modern façade, kids play area, kiosks, food courts, etc.

They will be redeveloped as environment friendly and also Divyang friendly. The design of these station buildings will be inspired by local culture, heritage and architecture.

Further, the Prime Minister will inaugurate Gomti Nagar station in Uttar Pradesh which has been redeveloped at a total cost of around Rs 385 crore. To cater to the increased future passenger footfall, this station has segregated arrival and departure facilities. It integrates both sides of the city. This centrally air-conditioned station has modern passenger amenities like Air Concourse, congestion free circulation, food courts and ample parking space in upper and lower basement.

The Prime Minister will also lay the foundation stone, inaugurate and dedicate to the nation 1500 Road Over Bridges and Underpasses. These Road Over Bridges and Underpasses spread across 24 states and Union Territories, the total cost of these projects is around Rs 21,520 crore. These projects will reduce congestion, enhance safety and connectivity, improve capacity, and efficiency of rail travel.

(IANS)

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"Corruption has risen under BJD rule, time to bless BJP": Nadda in Odisha

by Utkalika Mohanty

Bargarh, May 17: Bharatiya Janata Party president JP Nadda on Thursday attacked the ruling Biju Janata Dal in Odisha alleging that there was "corruption" and urged the people to bless the BJP in the assembly and Lok Sabha polls.

Addressing a public meeting in the Bargarh district on Thursday, ahead of the fifth phase of polling for Lok Sabha elections on May 20, Nadda said BJP will implement welfare schemes for people including women if voted to power.

"Is corruption taking place under BJD rule or not? Officers are indulging in corruption or not...they have embezzled crores of rupees," he said.

"Will you let these people come to power again?...This is the time to bless the BJP party by making it win," he added.

Nadda said that the Chief Minister of Odisha should be a leader who knows the culture of the state, speaks its language and is your brother. "It is a question of Odisha's self-pride," he said.

Nadda said Modi transformed politics after coming to power, focusing on development and performance.

He accused the opposition parties of trying to create divisions and indulging in appeasement and vote bank politics.

"The strategy was 'divide and rule'. However, in the last decade, Modi has transformed the definition of politics. Today, politics is about development and performance."

Nadda also talked about India becoming the fifth largest economy during the rule of BJP-led government and said the country will become the third largest economy in three years if the party-led NDA is re-elected in the Lok Sabha polls.

"Today, under Modi's leadership, India has surpassed Britain to become the world's fifth-largest economy. Now, let's make Modi the Prime Minister again... Modiji will become the Prime Minister for the third time, and within three years, India will become the world's third-largest economy," he said.

Nadda also talked about the speed of bringing out vaccines against coronavirus and India's progress in drug manufacturing.

(ANI)

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Sensex Down 166 Points, M&M Gains Over 6 Pc

by Hemanta Pande

Mumbai, May 17: India equity indices were in red on Friday following muted global cues.

At 9:45 a.m., Sensex was down 166 points or 0.23 per cent, at 73,497 points and Nifty was down 45 points or 0.21 per cent, at 22,353 points.

Midcap and smallcap indices outperform benchmarks. The Nifty midcap index was up 204 points or 0.40 per cent, at 51,357 points and the Nifty smallcap was up 151 points or 0.87 per cent, at 16,747 points.

India Vix was down 0.85 per cent at 20.17 points.

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Among the sector indices, Auto, PSU Bank, Metal, Realty, Media, Energy, Infra, and Oil&Gas were major gainers. IT, FMCG, Pharma, Fin services, and Pvt banks were major losers.

In Sensex, 22 out of 30 shares opened in the red and 8 shares in green.

M&M is the top gainer and jumps over 6 per cent. Tata Motors, Tata Steel, Power Grid, and SBI were other major gainers. Axis Bank, Maruti Suzuki, Reliance, Sun Pharma, and HUL were major losers.

As per the market experts, the net institutional buying turning positive while the sharp recovery of nearly 350 points from the lows in Nifty and the large short position in the market have the potential to aid recovery in the market. Going forward, news from the political front is likely to turn more positive.