Singhu border to IGI Airport in just 40 minutes? Check details of massive infra projects being inaugurated by PM Modi
The inauguration was attended by Union Minister of Road Transport and Highways Nitin Gadkari, Haryana Chief Minister Nayab Singh Saini and Delhi Chief Minister Rekha Gupta.
The 10.1-km Delhi section of the Dwarka Expressway was built at a cost of about Rs 5,360 crore. The section will provide connectivity to Yashobhoomi convention centre, the Delhi Metro's Blue and Airport lines, the upcoming Bijwasan railway station, and the Dwarka bus depot. It will also decongest NH-48 by providing an alternative route to the existing Delhi-Gurugram highway. The Expressway also has 8-lane wide tunnel which is 3.6 km long.
धन्यवाद, माननीय प्रधानमंत्री श्री @narendramodi जी।
दिल्ली 27 साल से जिस गति और सुविधा का इंतज़ार कर रही थी, वह सपना अब साकार हो रहा है। प्रधानमंत्री जी द्वारा लगभग ₹11,000 करोड़ की दो ऐतिहासिक नेशनल हाइवे परियोजनाएँ- द्वारका एक्सप्रेसवे (दिल्ली सेक्शन) और अर्बन एक्सटेंशन… pic.twitter.com/fR4tVs7Kkq
— Rekha Gupta (@gupta_rekha) August 16, 2025
The expressway's Delhi portion has been divided into two packages: 5.9 km from Shiv Murti intersection to the Road Under Bridge at Dwarka Sector-21, and 4.2 km from Dwarka Sector-21 to the Delhi-Haryana border. The Haryana section of the expressway, about 19 km long, was inaugurated by the Prime Minister in March 2024.
Alongside, PM Modi also inaugurated the 66 km-long Alipur to Dichaon Kalan stretch of UER-II, along with new links to Bahadurgarh and Sonipat. Built at an estimated cost of Rs 5,580 crore, the project is expected to divert heavy traffic away from Delhi's Inner and Outer Ring Roads and reduce pressure on congested points such as Mukarba Chowk, Dhaula Kuan and NH-09. It will provide direct connectivity to outer Delhi areas such as Narela, Bawana, Mundka and Najafgarh. UER-II was constructed using 10 lakh metric tonnes of inert material from the Bhalswa and Ghazipur landfills.
According to officials, the new spurs will provide direct access to Bahadurgarh and Sonipat, improve connectivity to industrial hubs, and facilitate faster movement of goods across the National Capital Region.
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Some of these devaluations included a capping of Rs. 2,000 on the monthly discount, discontinuation of complimentary airport lounge access, discontinuation of the BOGO offer on movie tickets, etc. The credit limit is low: There can be a difference between the proposed and actual limit given on a credit card. When the customer avails of a pre-approved credit card offer and gets a lower credit limit than expected, it is disappointing. In such a case, the customer may not activate the card at all. As per RBI rules, if the card is not activated within 37 days of issuance, it must be closed automatically. 'At ZET Partner, which is our B2B2C distribution business, we see roughly 5–8% of customers closing cards simply because they are unhappy with the credit limit,' said Manish Shara, Co-founder and CEO, ZET. ZET is on a mission to help 400 million unserved and underserved Indians build their credit score and enhance their financial health. Sometimes, the bank reduces the credit limit on existing credit cards for its customers. For example, if the bank perceives a difficult macro situation, it may reduce the credit limit for several credit card customers as a precautionary measure. At times, if the bank systems flag risks due to a strange behaviour by an individual credit cardholder, the bank may reduce the credit limit for that particular cardholder. Better cards are available: From time to time, banks introduce new credit cards with better features and benefits compared to existing ones in the market. In such a scenario, the customers may apply for the new credit cards to enjoy better features and benefits. It leaves existing cards unused, leading to their closure. In the earlier section, we understood some of the reasons why customers close their credit cards. Let us now look at the impact of credit card closure on the credit score. Increase in the credit utilisation ratio: The credit utilisation ratio measures the percentage of the credit limit being used from the total credit limit available. For example, a cardholder has a credit limit of Rs. 10 lakhs across all credit cards and spends Rs. 2 lakhs/month with them. In this case, the credit utilisation ratio of the cardholder is 20%. When you close a credit card(s) and maintain the same monthly spending, your credit utilisation ratio will increase. Continuing our earlier example, suppose the cardholder closes two credit cards with a total credit limit of Rs. 5 lakhs. The cardholder will be left with a credit limit of Rs. 5 lakhs across the remaining credit cards. If the cardholder continues spending Rs. 2 lakhs/month, the credit utilisation ratio will increase to 40% from the earlier 20%. Credit Information Companies (CICs) like CRIF High Mark use the credit utilisation ratio as one of the parameters for calculating the credit score. A credit utilisation ratio of 30% or lower contributes positively towards increasing the credit score. On the other hand, a credit utilisation ratio of more than 30% contributes to decreasing the credit score. 'The impact of closing a credit card depends largely on the credit utilisation ratio. After credit card closure, if your overall utilisation ratio crosses around 40%, the effect starts turning negative. At a 50–75% credit utilisation ratio, your score can drop by 20–50 points. Between a 75–90% credit utilisation ratio, the drop in credit score may be 50–75 points. Above a 90% credit utilisation ratio, you could lose more than 75 points almost immediately,' adds Manish Shara. Reduces the length of the credit history: When you close an old credit card, it reduces the length of your credit history. Credit age is one of the parameters that goes into calculating the credit score. A higher credit age contributes positively to increasing the credit score. On the other hand, the closure of an old credit card contributes to decreasing the credit score. 'Closing your oldest card can shorten your credit history, which influences how lenders view your stability. While it may be sensible to close newer unused cards, it is rarely wise to close your longest-held account,' adds Manish Shara. We have discussed how closing an old credit card can increase your credit utilisation ratio and reduce the length of your credit history. Both, these factors impact your credit score negatively. So, what can you do instead? You can request the bank to make the credit card lifetime free instead of closing it. Once the card becomes a lifetime free card, you need not worry about closing it. All you need to do is do a small transaction every few months to keep the card active. Also, if you have to close an old credit card, there will be a short-term impact on your credit score. However, when you continue making regular, timely bill payments and maintain a credit utilisation ratio at 30% or lower, the credit score will recover in the next few months. 'The takeaway is simple: the decision to close a card should be strategic, not emotional. We advise customers to weigh the benefits lost against the potential impact on their credit profile. We tell them to always consider how it affects both utilisation and credit age, before taking the final call,' concludes Manish Shara. Gopal Gidwani is a freelance personal finance content writer with 15+ years of experience. He can be reached at LinkedIn. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards, and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit. For all personal finance updates, visit here.
