Infrastructure

The Government has approved Strategic Disinvestment of 100% GOI shares in Dredging Corporation of India Limited (DCI) in favour of a consortium of 4 ports, namely, Visakhapatnam Port Trust, Paradip Port Trust, Jawaharlal Nehru Port Trust and Deendayal Port Trust.

Shipping Minister Nitin Gadkari inaugurated two multipurpose berths – No 14 & No. 16 at Deendayal Port at Kandla through video conferencing from Delhi on 9 Mar 2019.

Indian Railways have identified 500 stations for illumination at par with Airport standard as part of the its ongoing modernization programme and enhancing passenger experience.

The World Bank is giving additional US$137 million financing for the Dam Rehabilitation and Improvement Project (DRIP) for over 220 selected large dams.

The Cabinet Committee on Economic Affairs (CCEA) has approved the 3rd line between Narayangarh (West Bengal) and Bhadrak (Odisha) (155-km) on South Eastern Railway.

The Cabinet has approved Delhi Metro's Phase-4 project, covering 61.679 km route, of which 22.359 km will be underground with 17 stations and the rest elevated with 29 stations.

Road Transport and Highways Minister Nitin Gadkari wants new ideas adopted for improving transport facilities in towns and cities.

The Prime Minister, Narendra Modi, has launched key development projects at Kalaburagi in Karnataka and Kancheepuram in Tamil Nadu, on 6 Mar 2019.

Larsen & Toubro (L&T) has secured water related projects, estimated to be Rs.5,000-Rs.7,000 crore, in Tamil Nadu, Jharkhand and Odisha.

The Indian Government has signed US$371.2 million agreements with the World Bank for a wide range of projects. These were signed in New Delhi on 5 Mar 2019.