
Delhi gets Rs 11,000 crore road push as PM Modi to inaugurate 2 highway projects today
Union Minister Nitin Gadkari, Delhi Chief Minister Rekha Gupta, Haryana Chief Minister Nayab Singh Saini and other BJP leaders are scheduled to attend the event.THE PROJECTSThe 10.1-km Delhi section of the Dwarka Expressway, developed at a cost of about Rs 5,360 crore, will provide multi-modal connectivity to Yashobhoomi, the Delhi Metro's Blue and Orange lines, the upcoming Bijwasan railway station, and the Dwarka cluster bus depot. The project is split into two stretches -- Shiv Murti intersection to Dwarka Sector-21, and from there up to the Delhi-Haryana border -- linking directly to UER-II.The Haryana portion of the expressway was inaugurated by PM Modi in March 2024.The Prime Minister will also open the Alipur–Dichaon Kalan stretch of UER-II and its new links to Bahadurgarh and Sonipat, developed at a cost of around Rs 5,580 crore.
This is expected to divert heavy traffic away from Delhi's inner and outer Ring Roads and ease congestion at bottlenecks like Mukarba Chowk, Dhaula Kuan and NH-09. The new spurs will also improve industrial connectivity and movement of goods in the national capital and its adjoining areas.TRAFFIC ADVISORY ISSUEDDue to PM Modi's inauguration programme, Delhi Traffic Police has warned of traffic restrictions in parts of West Delhi and Rohini between 6 am and 2 pm on Sunday.
Vehicular movement will be barred on UER-II, Rohtak Road from Peeragarhi to Tikri Border, and connecting roads. Bhagwan Mahavir Road, Bawana Road, Kanjhawala Road, Kanjhawala Link Road and Badsha Dahiya Marg will also see closures, police said.advertisementCommercial vehicles will not be allowed on the Tikri Border-Peeragarhi stretch, with diversions at Tikri Border, Ghevra More, Mundka Red Light, Nangloi Chowk and other points. In Rohini, heavy vehicles will be stopped at Madhuban Chowk, Deepali Chowk, Jaipur Golden Hospital Crossing, Wazirpur Depot and multiple other intersections.Police have urged commuters to plan their journeys in advance and, where possible, use the Delhi Metro.- Ends
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Mint
9 minutes ago
- Mint
Centre working on framework to help panchayats become financially-autonomous
New Delhi: The government is working on a framework to help village councils (panchayats) generate their own revenue and become financially autonomous, carrying out development works without relying on funds from the Centre or states. The Union Panchayati Raj ministry has set up a panel, consisting of senior officials from various state governments, which is tasked with formulating a blueprint that can act as a guide for states and Union territories (UTs) in creating and amending their model OSR (Own Source of Revenue) rules. "We have constituted a committee comprising senior officials from various state governments, to prepare a model OSR framework of panchayats, which can serve as a benchmark for the states in formulating and amending their OSR rules," Vivek Bharadwaj, secretary, ministry of panchayati raj, said. The template, to be shared with states and UTs, aims to plug the gaps in existing regulations and guide local bodies in mobilising revenue, which mainly comes from taxes, fees and other charges. The development assumes significance, as nearly a dozen states and UTs don't have OSR rules. The 22 states and UTs that have already formulated the rules need to update them, said Bharadwaj. Own Source Revenue (OSR) refers to the revenues that panchayats generate on their own, from sources such as property tax, water charges, market fees, trade licence fees and building permit fees. OSR rules help regulate, standardize, and empower panchayats to collect and manage the revenues efficiently. The OSR rules are crucial to panchayat as they empower them to function independently and also reduce over-dependence on central and state grants. Additionally, they support local development projects with locally-generated funds. According to Bharadwaj, there are 11 states and UTs that have not yet framed OSR rules. These include Arunachal Pradesh, Bihar, Jharkhand, Manipur, Nagaland, Sikkim, Uttar Pradesh, Andaman & Nicobar Islands, Dadra and Nagar Haveli and Daman and Diu, Ladakh and Lakshadweep. Twenty two states and UTs have already developed and implemented OSR-based regulations, allowing panchayats to levy and collect taxes, fees, tolls, or other local sources of revenue. Among these states are Andhra Pradesh, Assam, Chhattisgarh, Goa, Gujarat, Haryana, Kerala, Maharashtra, Tamil Nadu, and Karnataka. Some States have detailed guidelines on fixing OSR rates. In many instances across the states, it has been observed that much more efforts need to be made towards fulfilment of these requirements. "Financial rules related to OSR generation were prepared long ago in states, and hence have been suffering from various deficiencies like use of incomprehensible legal jargons and lack of updating," Bharadwaj added. Panchayats, which act as grassroots-level bodies to implement government programmes and for achieving the sustainable development goals, get grants from the Centre, state governments, as well as raise their own revenue in a limited way through internal sources like local-tax revenues and user charges. "Self-sufficiency is an ideal state for gram panchayats as they can have more funds to carry out developmental works. However revenue collection is conditional as it depends on economic activities in a particular area," said Sri Hari Nayudu, economist, National Institute of Public Finance and Policy (NIPFP), New Delhi. "Most of the time we are dependent on state government grants for developmental works, since most of us doen't know how to increase revenue. The proposed rules can guide us in that direction," said Gurcharan Singh, Panch-Charik Patti Sarkar, a rural local body in Moga district of Punjab. In 2021-22, the average per capita OSR collected by panchayats at all-India level was ₹ 100. Also, the average OSR for gram panchayat was ₹ 230,000 per year, with 42% of gram panchayats having less than ₹ 100,000 revenue per year. "The key reasons behind low revenue collection are over-dependence on grants, underutilization of tax powers, weak administrative systems and trust deficit with citizens which limit the revenue," said an economist who requested not to identified.


India.com
11 minutes ago
- India.com
Why is the address of PMO changing after 78 years? What is the 'big' reason behind leaving South Block?
New Delhi: A big change is going to happen in Delhi's power corridor. After about 78 years, the Prime Minister's Office (PMO) will now shift from South Block to the newly built Executive Enclave. Government sources said that the new office will start functioning from next month. Why is the PMO shifting? Old buildings like South Block and North Block were built during the British rule before independence. There is a shortage of space in them, and there is also a lack of modern facilities. As India is becoming a big economic power, it was felt that new and better buildings are needed for administrative work. This is the reason why a new Executive Enclave has been constructed a few hundred meters away from South Block. Not only PMO, but there will also be Cabinet Secretariat, National Security Council Secretariat and conferencing facility. The special thing is that this place is also close to the Prime Minister's residence. What are the problems with the old office? Recently, while inaugurating Kartavya Bhawan-3, Prime Minister Narendra Modi had said that since independence, the administrative machinery had been running from the same buildings that were built by the British. Basic facilities like space, light and ventilation were also not properly available in these offices. He gave the example that an important unit like the Home Ministry continued to work from just one building for almost 100 years, while there were not enough resources available. The new offices will overcome this deficiency and match the image of modern India. The new PMO can get a new name It is assumed that the new PMO can be given a new name which reflects the spirit of service. At the beginning of his third term, the Prime Minister had said that 'PMO should not be of Modi, but of the public. This is an office that serves the people.' That is why the idea of 'People's PMO' can also move forward with the new office. What will happen to South Block and North Block? Now the question arises as to what will happen to historical buildings like South Block and North Block. The government has planned to convert them into a huge public museum, which will be named 'Yuge Yugin Bharat Sangrahalaya'. For this, an agreement has also been signed between the National Museum of India and France Museum Development. The government says that this museum will showcase the cultural heritage of India and will work to connect people with our glorious past, bright present and golden future.


India.com
11 minutes ago
- India.com
Bad news for Ratan Tata's TCS after massive layoffs, IT giant loses Rs 5.66 lakh crore due to..., worst phase for company since...
TCS is undergoing its worst crisis since the 2008 recession. (File) TCS market cap: Amidst the backdrop of the controversy surrounding its decision to cut more than 12,000 jobs in the current fiscal year, Tata Consultancy Services (TCS), India's largest IT services exporter, has witnessed a rout of its market cap, which slumped from Rs 16.57 lakh crore to Rs 10.93 lakh crore, a decrease of Rs 5.66 lakh crore. According to market analysts, TCS, the flagship company of the Tata Group, is going through it worst crisis since the 2008 recession, when it shares had fallen by 55 percent. TCS share prices have dipped 25 percent in 2025, and experts predict the current financial could be the worst in company's history if the downfall continues. Why TCS shares are falling? According to analysts, India's stock market has witnessed a turmoil over the past few months as foreign investors are withdrawing from the market in droves amid US President Donald Trump unleashing tariff war against India, and recently announcing 50% import duty on Indian exports. The IT industry, once considered a favorite for FIIs, is now witnessing a decline, with foreign investors reducing their stake in TCS from 12.35% in June 2024 to 11.48% in June 2025, which has resulted in the company's shares falling by over 25 percent in the current financial year. The Nifty IT index has fallen 25% so far this year, making it the worst-performing sector in the market as over half of the Rs 95,600 crore withdrawn from India by FIIs till July 2025 has come from IT stocks alone. Why mutual funds investment increased? Meanwhile, domestic mutual funds have raised their stake in TCS from 4.25% to 5.13%, making fresh purchases worth Rs 400 crore in the company, according to data. TCS' trailing PE declined from 41x to 20x, five-year CAGR stands at 8.5%, while stock CAGR is 6%, the data showed. Notably, India's IT sector has grown at a compounded annual rate of 12.5% over the last two decades, but has underperformed the Nifty over the last three to five years. TCS layoffs According to recent media reports, TCS is mulling to cut about 2 percent of its global workforce, which would result in over 12,000 TCS workers losing their jobs in the current financial year. The company's decision is being investigated, with Jefferies warning that TCS layoffs could result in a slowdown in execution in the near term and an increase in the workforce in the long term.