India s Central Public Sector Enterprises (CPSEs) continued to bolster economic activity, exceeding the mandated procurement from Micro, Small, and Medium Enterprises (MSMEs) by 36.34% in the Financial Year 2024, surpassing the required 25%. In total, 54 CPSEs and five government departmental entities, including the Railways Board and the National Highways Authority of India, procured goods through Government e-marketplace (GeM), amounting to ₹2.62 lakh crore by March 31, 2024.
Canadian funds CPPIB, OTPP buy 50% units in NHAI InvIT : Rashtra News Two international pension funds, namely Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board, as anchor investors, will hold 25% of the units each in the recently launched Infrastructure Investment Trust (NHAI InvIT) of NHAI. The balance units were placed
The country has laid a firm foundation for growth through infrastructure development, a manufacturing push and the easing of business. Now, boosting research, judicial capacity and workforce diversity could pave our path to prosperity.
NHAI project director assures issuance of NOC to Ranchi Municipal Corporation for drain construction. Phase I of sewage and drainage system nearing completion. High court monitors progress following PIL by Arvinder Singh Deol.
Road construction usually sees a drop in an election year as the execution of projects is delayed during the model code of conduct and project awarding is delayed in the financial year before the Lok Sabha elections.