Rs 90,000 crore from Urban Challenge Fund to back city projects A new Rs 1 lakh crore Urban Challenge Fund will support 60 types of city projects. This includes infrastructure, old city revitalization, and waste recycling. The Centre will release funds within six months. A Rs 5,000 crore Credit Repayment Guarantee Sub-Scheme is also launched. #lakh_crore #city #projects #Urban_Challenge #Challenge_Fund #Challenge #Urban #city_projects #crore_Urban #back_city
Defence budget under capital head fully utilised in FY2025-26 India's defence ministry has smartly deployed its revised capital expenditure of Rs 1.86 lakh crore for FY2025-26, mirroring the momentum from the previous year. This fiscal strategy highlights intense investments in aerial assets, ground defense technologies, and cutting-edge electronic warfare systems. Additionally, the endorsement of multiple new procurement strategies showcases a dynamic approach towards bolstering the nation’s defense arsenal. #lakh_crore #India_defence #previous_year #head_fully #fully_utilised #smartly_deployed #Defence_budget #capital_head #defence_ministry #revised_capital
‘Why have you stopped paying?' Punjab to seek water royalty from Rajasthan; Mann claims Rs 1.44 lakh crore dues since 1960 Punjab's Chief Minister Bhagwant Mann has demanded royalty from Rajasthan for water supplied since 1960, citing a 1920 tripartite agreement. He claims Rajasthan owes Rs 1.44 lakh crore under this pact, which facilitated water flow through the Rajasthan feeder. Mann stated Punjab has formally written to Rajasthan and plans to involve the central government to resolve the unpaid dues. #Chief_Minister #lakh #Punjab #Bhagwant_Mann #lakh_crore #Rajasthan #Punjab_Chief #Mann #Minister_Bhagwant #stopped_paying
Uttar Pradesh pitches investment push, says over Rs 13 lakh crore projects have moved to implementation Uttar Pradesh is witnessing a significant industrial surge, with over Rs 13 lakh crore in projects now underway from a total of Rs 40 lakh crore in proposals. This initiative is projected to create over 80 lakh jobs. #lakh #lakh_crore #Uttar_Pradesh #crore_projects #Pradesh_pitches #implementation_Uttar #investment_push #industrial_surge #pitches_investment #significant_industrial
Ahead of Macron’s visit, DAC likely to meet next week to approve deal for 114 Rafales India's Defence Acquisition Council is set to consider a major proposal to purchase 114 Rafale fighter jets from France for approximately Rs 3.25 lakh crore. This significant procurement, with a substantial portion to be manufactured in India, aims to bolster the Indian Air Force's fighter squadron strength amidst rising regional security concerns. #lakh_crore #fighter_jets #Defence_Acquisition #Acquisition_Council #Rafales_India #India_Defence #Rafale_fighter #approve_deal #major_proposal #Indian_Air
Railways lowers target for passenger revenue, may earn less from freight too In the freight segment, the ministry has estimated earnings of around Rs 1.88 lakh crore in FY27, the same as the BE of FY26 and about 6% higher than the RE of the current fiscal year. Data also show that railways are likely to end up generating around Rs 1.78 lakh crore by March, around 5.5% less than the target set for the current year. #lakh_crore #freight_segment #passenger_revenue #estimated_earnings #fiscal_year #current_fiscal #Railways_lowers #lowers_target #current_year #freight
Evening news wrap: PM Modi hails Union Budget 2026–27 as ‘historic’; Capital expenditure rises to Rs 12.2 lakh crore & more Prime Minister Modi lauded the Union Budget 2026-27 as "historic," outlining a roadmap for a Viksit Bharat by 2047 and boosting India's reform agenda. The budget, presented by Finance Minister Sitharaman, prioritizes infrastructure and manufacturing with increased capital expenditure, while opposition parties criticized it as lacking substance and ignoring key national crises. #Viksit_Bharat #Prime_Minister #Minister_Modi #Union_Budget #hails_Union #boosting_India #India_reform #Modi_hails #lakh_crore #Modi_lauded
