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Union Budget 2021-22: Rs 25,000cr for Bengal economic corridor

An economic corridor linking Calcutta to Siliguri with an investment of Rs 25,000 crore was among several projects announced for the poll-bound Bengal by Union finance minister Nirmala Sitharaman in the budget on Monday.  The Rs 25,000 crore investment will be used to upgrade the existing 675km road between the two major urban centre in the state.  This was one of the four economic road corridors announced in the budget. Sitharaman’s own state Tamil Nadu, which is also heading for  Assembly polls along with Bengal, bagged the largest pie of Rs 1.03 lakh crore under the allocation for the road corridors.  The budget document shows that two more dedicated railway freight corridors will connect Bengal, apart from the ongoing eastern dedicated freight corridor project which will be commissioned by June 2022.

FC Finance on long leave, FD releases Capex funds

Only new works to get funding Sanjeev Pargal JAMMU, Jan 29: Five days after Financial Commissioner (Finance Department) Dr Arun Kumar Mehta proceeded on long leave, the Finance Department today issued an order authorizing release of 50 per cent funds under District Capital Expenditure (CAPEX) of approved Balance Expenditure 2020-21 for new developmental works. Official sources, however, told the Excelsior that Dr Mehta had approved release of funds before proceeding on leave and, therefore, the Finance Department order has been issued on his name. As reported exclusively by Excelsior, Dr Mehta, a senior bureaucrat in the rank of Secretary to the Government of India, had proceeded on long leave five days back at a time when the Union Territory Government is busy in giving final touch to annual budget for the financial year of 2021-22.

FD releases 100 pc funds from Capex budget for development works in J&K

Work on Varanasi-Delhi bullet train project gains momentum

Work on Varanasi-Delhi bullet train project gains momentum ​ By IANS | Published on ​ Mon, Jan 11 2021 17:03 IST | ​ 0 Views Bullet train. (File Photo: IANS). Image Source: IANS News New Delhi, Jan 11 : Over three years after Prime Minister Narendra Modi laid the foundation stone of India s first 508-km Mumbai-Ahmedabad High-Speed Rail corridor, the work on the second such rail corridor in the country on the Delhi-Varanasi route has gained momentum. An aerial LiDAR survey of the 800-km Delhi-Varanasi High-Speed Rail (DVHSR) corridor has now been undertaken by the Railways as part of the project to connect Modi s parliamentary constituency with the national capital through the bullet train.

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