capital investment

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    Centre Allocates ₹3.88B to Nagaland for Regional Development

    March 30, Kohima: The Central Government has allocated ₹3,880 crore to Nagaland under the 'Pride of Hills: Special Development Assistance for the Hill States' scheme for the financial year 2026-27.This initiative, part of the Special Assistance to States for Capital Investment (SASCI), has a...
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    Pride of Hills: Central Support for Himalayan States

    Gangtok, March 30 Sikkim Chief Minister Prem Singh Tamang on Monday praised Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for launching the "Pride of Hills" initiative under the Special Assistance to States for Capital Investment (SASCI) framework.This significant...
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    Budget Cuts & Missed Targets: Himachal Faces Development Stagnation

    Shimla, March 21 – Former Himachal Pradesh Chief Minister and Leader of the Opposition, Jai Ram Thakur, on Saturday described the state's budget as "the most disappointing and directionless in the state's history," offering absolutely nothing to the people.He stated that the budget...
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    DEE Development Engineers Launches Manufacturing Plant in Gujarat

    New Delhi, March 19 Engineering firm DEE Development Engineers Ltd. began commercial production at its newly established seamless pipe manufacturing plant in Anjar, Gujarat, on Thursday.The facility, with an installed capacity of 7,000 metric tonnes per annum, marks a significant milestone in...
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    INR Avenues for Russian Trade Partners Explored

    Mumbai, March 19 The Reserve Bank of India (RBI) is working on providing more avenues for the use of Indian rupees (INR) accumulated by Russian trade partners, a senior official said on Thursday.The central bank is exploring options to either settle Indian rupees held by Russian trade partners...
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    Focus on Timely Completion Under J&K's SASCI Scheme

    Chief Minister Omar Abdullah chaired a meeting to review the progress of projects under the Special Assistance to States for Capital Investment (SASCI) scheme. An Akashvani Jammu correspondent reports that the review focused on the progress of works, reforms, and opportunities, covering a wide...
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    Karnataka Budget: Vijayendra Criticizes Borrowing Over Development

    Bengaluru, March 12 – BJP state president and MLA B.Y. Vijayendra criticised the Karnataka government over the state budget for 2026–27 on Thursday, alleging that the government’s only achievement has been increasing borrowing while failing to ensure overall development of the state...
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    Incentives Offered to Attract Investment to Arunachal's Industrial Sector

    Itanagar, March 12 Arunachal Pradesh Minister of Commerce and Industries, Nyato Dukam, informed the Assembly on Thursday that the government has formulated a new industrial policy aimed at transforming the northeastern state into an industrial hub, offering a range of incentives to attract...
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    New Policy Aims to Attract Private Investment for Maharashtra's Development

    Mumbai, March 6 The Maharashtra government announced a new Public-Private Partnership (PPP) policy in the 2026-27 budget, aimed at attracting large-scale investment to accelerate infrastructure development in the state.Presenting the budget in the legislative assembly, Chief Minister Devendra...
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    India's Women-Led Tech Startups Secure USD 1.1 Billion in 2025 Funding

    New Delhi, March 5 Funding for women-led tech startups in India stabilized at approximately USD 1.1 billion across 407 rounds in 2025, down 9% from USD 1.2 billion in 2024, but reflecting a disciplined capital phase with larger average investments, according to a report by data intelligence firm...
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    Technocity-Technopark Phase IV: Kerala Receives Capital Investment Incentive

    Thiruvananthapuram, February 27 Kerala has secured a major incentive of ₹250 crore under the Scheme for Special Assistance to States for Capital Investment (SSASCI) 2025–26 for the Technocity-Technopark Phase 4 project.The incentive will provide fresh momentum to the state’s long-term vision...
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    Cabinet Approves Powergrid Expansion for Transmission Projects

    New Delhi, February 24 The Union Cabinet on Tuesday approved a proposal to increase the equity investment threshold for public sector enterprise Powergrid from ₹5,000 crore to ₹7,500 crore per subsidiary, enabling it to bid for capital-intensive transmission projects.The decision was taken by...
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    NMP 2.0 Targets ₹16.72 Lakh Crore in Asset Monetization for Infrastructure Investment

    The government's asset monetisation initiative under the National Monetisation Pipeline (NMP) 2.0 is expected to increase the country's GDP by 40 lakh crore rupees over the next 5 to 10 years. NITI Aayog's report highlights that asset monetisation is expected to play a key role in boosting...
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