Chadayamangalam panchayat to get modern headquarters
Inaugurating the construction at the old bus stand grounds on Wednesday, Finance Minister K.N. Balagopal said modernisation of government facilities was as important as the overall development of the State. Ensuring hassle-free services to everyone was a priority.
'The offices are being renovated for the benefit of tens of thousands at the grassroots level,' he said.
The plan for the new building had been prepared as part of the grama panchayat's 2024-25 Annual Plan. The estimated cost was ₹1.10 crore and the new building would be constructed at the site where the old cultural centre was located.
The three-storey building would house offices for the panchayat president, secretary, standing committee chairpersons and members, as well as a library-reading room, a meeting hall, and waiting area for the public.
Minister for Dairy Development and Animal Husbandry J. Chinchurani, who presided over the function, said the construction of the building would be completed in a timely manner.
'Funds for the construction work will be provided from the MLA fund. Numerous development activities in the constituency are continuing without interruption. The construction of the mini-civil station, registration office, and rest house will begin soon,' she said.
Chadayamangalam block panchayat president Lathika Vidyadharan and other officials were present.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
20 hours ago
- The Hindu
Round-table discussion planned on Friday on implications of U.S. tariff policies for Kerala
A round-table discussion is being organised in the capital on Friday at the behest of the State government to identify the sector-specific risks and mitigation strategies in connection with the Kerala-specific implications of the U.S. tariffs on India. Organised by the Gulati Institute of Finance and Taxation, an autonomous institute under the Finance Department (GIFT), and the Kerala State Planning Board, the round table will assess, among other things, the direct and indirect impacts of the 'penal tariffs' on Kerala's export sectors, particularly the agriculture sector, marine products and spice-based commodities. Finance Minister K.N. Balagopal will inaugurate the round table discussion on 'The impact of U.S. penal tariffs with a special focus on Kerala' at Hotel Mascot here on Friday. Earlier this month, Mr. Balagopal had warned that the looming 'tariff war' could have harder economic impacts than COVID-19 and urged GIFT to organise the round table to chart the way forward for the State. The round table aims to generate actionable ideas for strengthening the State's economic resilience in an era of shifting global alignments and politicised trade by bringing together different stakeholders from academia, industry and policy circles, GIFT said. 'Tariffs on fisheries, coir, textiles, tea, coffee and spices, among others, threaten the rural export economy, while parallel concerns such as potential tightening of U.S. immigration (H1B) policies amplify the risks,' according to GIFT. The double whammy of reduced export demand and softened remittance inflows jeopardise growth prospects, public finances and social stability, it added. Sector-specific risks, especially for MSME-dominated export clusters, opportunities for trade diversification, value addition and digital market access as strategic responses to trade realignments, will come up for discussion at the event. It is also expected that a major outcome of the event will be policy recommendations that can be submitted to the State government and the Union Ministry of Commerce. Representatives of commodity boards, export promotion councils, industry associations, and policy think-tanks are expected at the one-day event.
&w=3840&q=100)
Business Standard
2 days ago
- Business Standard
Sarda Energy gains 3% after winning bid for Senduri coal mine; details here
Shares of Sarda Energy & Minerals Ltd. rose nearly 3 per cent on Tuesday after the company won the bid for Senduri Coal Mine in Madhya Pradesh. The iron and steel maker's stock rose as much as 2.88 per cent to ₹598 per share. However, the stock pared gains to trade 0.8 per cent higher, compared to a 0.46 per cent advance in the benchmark Nifty50 as of 1:19 PM. Shares of the company hit a record high of 607.75 per share on August 6 this year. The shares have risen 21 per cent so far this year, compared to a 5.3 per cent gain in Nifty50. Sarda Energy has a market capitalisation of ₹ 20,702.41 crore as per BSE data. Track LIVE Stock Market Updates Here Sarda Energy order win Sarda Energy was declared the successful bidder for the Senduri coal mine in Shahdol and Umaria districts of Madhya Pradesh, with a revenue-sharing arrangement of 9.50 per cent with the state government, the company said in the exchange filing. The mine holds total geological reserves of 248.54 million tonnes of provisional G9-grade coal. Necessary agreements will be executed in due course, the statement said. Mukul Agrawal holds over 1% stake in Sarda Energy Investor Mukul Mahavir Agrawal held over 1 per cent holding in Sarda Energy & Minerals at the end of the June 2025 quarter. As per the shareholding pattern, Mukul Agrawal held 4 million equity shares or 1.14 per cent holding in Sarda Energy & Minerals. Sarda Energy Q1 results Sarda Energy & Minerals reported a consolidated profit after tax (PAT) of ₹437 crore in the April-June 2025 quarter (Q1FY26), compared to ₹198 crore in the year-ago period and ₹100 crore in the previous quarter. Revenue from operations stood at ₹1,633 crore, up from ₹926 crore in Q1FY25 and ₹1,239 crore in Q4FY25. On August 21, 2024, Sarda Energy & Minerals completed acquisition of SKS Power Generation (Chhattisgarh) Limited (SKS) pursuant to the Resolution Plan (RP) as approved by the National Company Law Tribunal vide its order dated August 13, 2024, under Corporate Insolvency and Resolution Process (CIRP) of the Insolvency and Bankruptcy Code, 2016 (IBC). The company is an energy and minerals company with operational iron ore and coal mines in Chhattisgarh and Thermal and Hydropower generation plants in different locations across India, with a growing portfolio of mineral and energy assets.
Hindustan Times
2 days ago
- Hindustan Times
CIDCO's 667-acre Aerocity plan gains momentum as Navi Mumbai International Airport readies for launch
As Navi Mumbai International Airport (NMIA) prepares to go operational in September, the state government has fast-tracked plans for a 667-acre Aerocity near the airport. The City and Industrial Development Corporation (CIDCO) has initiated the process of appointing a consultant to draft the Master Plan, which will allocate around 123 acres each for residential, commercial, and retail developments. Navi Mumbai Aerocity update: The City and Industrial Development Corporation (CIDCO) has initiated the process of appointing a consultant to draft the Master Plan, which will allocate around 123 acres each for residential, commercial, and retail developments. (Picture for representational purposes only)(HT Files ) CIDCO officials said a techno-economic feasibility study will be undertaken for commercial, retail, residential, industrial, and mixed-use projects, each spanning over 120 acres. "The Navi Mumbai Airport is going to be one of the major value additions to Mumbai Metropolitan Region (MMR) and will form an invaluable asset to the nation. The Aerocity is being designed and developed to accommodate financial services, corporate offices, export-oriented services, aero-centric warehousing, along with hotels, hospitals, schools, residential and entertainment facilities," a CIDCO official told The officials said that a Master Plan will help assess the market's needs, its financial feasibility assessment, and infrastructure design, among other things, while keeping the domestic and global outlook. Also Read: Here's a look at infrastructure projects that may impact Navi Mumbai's real estate markets Infrastructure planning consideration CIDCO has floated a tender to appoint a consultant for preparing the Aerocity Master Plan. The document specifies that the plan will be drawn up keeping in mind the surrounding infrastructure development linked to the upcoming airport. "The consultant will have to assess the current urban landscape and development trends, real estate scenarios in Navi Mumbai, considering Navi Mumbai International Airport which is nearing commissioning, Navi Mumbai Airport Influence Notified Area (NAINA) and other major projects such as the Mumbai Trans Harbour Link (MTHL) also known as Atal Setu, Navi Mumbai Metro Lines, suburban railway line expansions, and other projects of ports and highways," reads the tender document. The CIDCO is the special planning authority that has played a major role in development and planning of Navi Mumbai that was conceived as a satellite city to Mumbai in the 1970s. The CIDCO has developed 14 nodes of areas having mixed use of residential, commercial, retail, among several others. CIDCO officials said land for the Navi Mumbai Aerocity was acquired alongside the airport's construction. A consultant will now be appointed to prepare the master plan and provide transaction advisory services for the proposed development. Also Read: Housing plots near airports see 84–118% appreciation in four years, outshine apartments: Report Developers noted that the Navi Mumbai Airport presents the government with an opportunity for truly planned development, something Mumbai lacked historically, at least at this scale. "Today, several areas of Mumbai are flooded, and there is waterlogging. However, there is nominal waterlogging in Navi Mumbai, and movement is not impacted. This is the result of planning by CIDCO and several authorities who have made Navi Mumbai what it is today. With Navi Mumbai AeroCity, we have the opportunity to develop another Vile Parle that has options for hotels, hospitals, education, but in a planned manner," Manohar Shroff, senior vice president of CREDAI-MCHI, Navi Mumbai, a real estate apex body, said. Also Read: Mumbai real estate: Why are pilots eyeing plots and luxury villas near Navi Mumbai airport? 9 Aerocities in India According to media reports, the country currently has nine Aerocities that are constructed or in the development stage, including those of Delhi, Hyderabad, Mohali, Durgapur, Jewar Airport near Noida, near Ayodhya International Airport, Devanahalli aerocity near Bengaluru Airport, and Navi Mumbai. Navi Mumbai Airport was conceived around 28 years ago, in 1997, as a plan to have a second airport in MMR and decongest Mumbai Airport. The Adani Group will operate both Navi Mumbai Airport and Mumbai Airport. With the airport's inaugural flight expected in the coming months, pilots and aviation professionals' interest in nearby plots and luxury villas has noticeably increased, had reported in April 2025. Local real estate developers and consultants report a growing number of pilots, especially those nearing retirement, seeking long-term investments in the area. According to developers, the appeal goes beyond convenience. Many aviation professionals have seen firsthand the sharp rise in property values around Mumbai's current airport hubs, such as Juhu, Vile Parle, and Santacruz, and are betting on similar growth around NMIA. Developers note that Navi Mumbai Airport's strategic location is roughly equidistant from Mumbai and Pune. As a result, buyers from West Pune are increasingly investing in properties near the upcoming airport.
