Mundian hauls up Gmada over poor Airport Rd work
Tired of too many ads? go ad free now
Expressing strong displeasure, the minister flagged the slow pace and substandard quality of work being carried out under Gmada.
Taking immediate note of the discrepancies, Mundian reprimanded the officials on the spot and directed the principal secretary of the department to investigate the matter thoroughly and ensure accountability of all those involved, including department staff and contractors.
"The ground reality is far from the progress shown on paper.
This is unacceptable," Mundian said during the inspection. He emphasised that quality cannot be compromised and warned of strict action against those responsible for the delay and poor execution. The minister said the Mann-led govt is committed to transparent, timely, and high-quality development, especially in urban areas like Sahibzada Ajit Singh Nagar (Mohali), which has emerged as one of Punjab's most developed cities due to its proximity to the international airport and growing corporate presence.
"The planned development of cities is integral to our vision for Punjab. Negligence or lack of seriousness in public projects will not be tolerated," Mundian asserted.
He said Gmada is playing a key role in the region's transformation and that he will continue to personally inspect ongoing infrastructure projects to ensure standards are met.
The widening of Airport Road is part of a broader urban development plan to improve traffic flow and connectivity in Mohali, but concerns over execution threaten to delay benefits to residents and commuters.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
26 minutes ago
- The Hindu
Tamil Nadu Governor doing ‘cheap politics' than Opposition: CM Stalin
Tamil Nadu Chief Minister M.K. Stalin on Sunday (August 17, 2025) declared that there will be a 'Dravidian Model 2.0' to take the State to newer heights in the upcoming 2026 elections. Launching an instant crop loan scheme under the Primary Agriculture Cooperative Societies (PACS) on a pilot basis in Dharmapuri, Mr. Stalin said, 'The next government will yet again be the Dravidian-model government. Dravidian Model 2.0 will come back to take the State to new heights.' 'The BJP-led Union Government's own statistics have debunked the various allegations levelled against Tamil Nadu by the Governor (in his I-Day eve customary address). Today, Tamil Nadu is a trendsetter for the various schemes introduced here and now emulated by other States,' the Chief Minister said. Listing out his government's flagship schemes for women, Mr. Stalin said the best emissaries for those schemes were the beneficiaries themselves and there were numerous naysayers (AIADMK) who said the Vidiyal Payam would eventually mean a reduction in the number of bus services and a hike in bus tariffs. 'But my first sign was on costless bus rides for women, which we saw not as an expenditure but as an investment in women. Similarly, the Magalir Urimai Thittam has enabled women to save close to ₹50,000 since its inception,' according to Mr. Stalin. The Chief Minister also launched a blistering attack on Governor R.N. Ravi and alleged the latter peddled fear and anxiety to malign the DMK government. 'There is a person sitting in Governor's bungalow, whose 'cheap politics' surpasses that of the Opposition. He sits there and mocks Dravidian Model, the Dravidian language, and cooks up a non-existent Thirukkural. It is for all these reasons, I say, Governor should remain in Tamil Nadu; his presence and his constant assault on our way of living will ensure our love for our culture and language doesn't fizzle out,' he said. Responding to allegations of poor law and order, Mr. Stalin said Mr. Ravi has 'discovered' that there is no security for women in Tamil Nadu and crimes against women are rising. Editorial | Safe havens no more: On growing crime against women 'The Union Government's own National Crime Records data reveals the BJP ruled Uttar Pradesh tops the crime list against women in the country. He is giving expression to his frustration on every stage he is on. If the security was bad, how did we attract ₹10 lakh crore investments since we came in?' posed the Chief Minister. Instant Crop loan Earlier, the Chief Minister launched an instant crop loan scheme under PACS, whereby online loan applications will be processed and loan amounts credited on the same day to the farmers' accounts. 'This replaces the system of the in-person applications in PACs and the time lag of over a week for the loan grant,' said the Chief Minister. This was launched at Balajangamanahalli Primary Agriculture Cooperative Society in Adhiyamankottai in Dharmapuri. Launched as a pilot scheme through select PACS, the scheme would eventually be rolled out across the State. Mr. Stalin issued cheques to 5 beneficiaries unveiling the Scheme. The Chief Minister also unveiled various completed projects and launched the commencement of new development works on the occasion.
Economic Times
an hour ago
- Economic Times
Rs 5.6 lakh crore shock! Tata crown jewel hits worst patch since 2008 crisis. Time to panic or buy the fear?
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Tata Consultancy Services (TCS) have entered their darkest stretch since the 2008 global financial crisis. The crown jewel of the Tata Group has shed nearly ₹5.66 lakh crore in market value, tumbling 34% from its peak of ₹4,585.90, making 2025 its worst year since that fateful 55% crash 17 years ago. The stock is down 26% in 2025 alone, slashing its market capitalization to ₹10.93 lakh crore from a peak of ₹16.59 lakh rout comes amid a weak demand outlook, the disruptive impact of generative AI and a mixed Q1 scorecard, all of which have triggered a foreign investor exodus. FIIs, who once considered Indian IT their favorite trade, have slashed holdings in TCS from 12.35% in June 2024 to 11.48% in June 2025. Their broader selling has inflicted even deeper pain across the sector with the Nifty IT index plunging 25% so far this year, making it the worst-performing pocket of the market. Out of ₹95,600 crore pulled by FIIs from India in 2025 through July, more than half came from IT stocks funds, however, have played contrarian. Domestic institutions raised their TCS stake from 4.25% to 5.13% in one year and July data showed ₹400 crore of fresh MF meanwhile, have been reset sharply. TCS's trailing PE has halved from 41x to 20x with five-year profit CAGR at 8.5% and stock CAGR at 6%. Long-term data show IT has compounded 12.5% annually over two decades yet underperformed the Nifty in the past three to five funds see opportunity in the rubble. 'With IT's weight in the Nifty near decade lows and leading firms still generating ROICs above 40%, the sector may offer relative outperformance if valuations fall further,' DSP Mutual Fund said, calling IT, banks and other large caps a defensive bucket to ride out Read | FII selling crosses Rs 50,000 crore in IT stocks in 2025. Is tech dead money or just misunderstood? BNP Paribas pointed to dividends as an anchor. TCS's yield is now 3.7% versus its five-year average of 2.9% with the last five-year peak at 3.6%, the brokerage firm said, adding that margin expansion should resume post-FY26 once the BSNL deal ramps down. BNP has an Outperform rating with a ₹4,400 target price arguing that 'resilient fundamentals and attractive valuation make TCS our top pick in the current uncertain macroeconomic environment.'Still, the headlines are not all comforting. TCS's decision to cut 2% of its workforce has drawn scrutiny. 'TCS's move to cut staff may lead to execution slippages in the near term and higher attrition in the longer run. It reflects a weak demand environment,' Jefferies warned, adding that firms unable to capture AI-led productivity gains may have to resort to layoffs. The brokerage remains selective on IT, preferring Infosys and HCL Tech, which it sees as a stronger alternative to TCS.
Time of India
an hour ago
- Time of India
Prevailing situation in country worse than time of Emergency: Lalu Prasad Yadav
RJD president Lalu Prasad on Sunday alleged that the situation prevailing in the country under the BJP-led central government was worse than the time of the Emergency. Independence Day 2025 Modi signals new push for tech independence with local chips Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency The former Bihar chief minister was speaking to reporters here before leaving for Sasaram for Congress leader's ' Voter Adhikar Yatra ', which kicks off on Sunday in Rohtas district. "We are fighting a battle against the prevailing situation in the country, which is worse than what it was during the Emergency. It is good that Rahul Gandhi is also with us," Prasad, accompanied by his son Tejashwi Yadav , said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 4BHK + S from ₹7.99 Cr* | Avail 30:40:30 Easy Payment Plan Godrej Properties Get Quote Undo The 1,300 km-long 'Voter Adhikar Yatra' will cover over 20 districts in Bihar. With the assembly polls barely three months away, Gandhi, along with Yadav and other Mahagathbandhan leaders, will launch the yatra from the BIADA Ground in Sasaram. It will conclude after 16 days with a rally in Patna on September 1. Live Events "It is the duty of every citizen to protect democracy and the Constitution... The Constitution guarantees every voter the right to vote. The BJP and its allies are attempting to snatch away this right... We will not allow that to happen. We are confident that we will get the blessings of the people of Bihar in this yatra," Yadav said. On June 25, 1975, the then prime minister Indira Gandhi had declared a state of Emergency in the country. It was lifted on March 21, 1977.
