Goa spent just about 50% of AMRUT funds to rejuvenate urban infrastructure
Goa succeeded in spending just over half of the funds sanctioned under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 mission to improve water supply, according to data released by the Housing and Urban Affairs.
The AMRUT 2.0 dashboard indicates that Goa has undertaken projects under the AMRUT mission in Bicholim, Curchorem, Mapusa, Panaji, Valpoi and Sanquelim.
Data shows that the housing and urban affairs ministry approved projects aimed at providing universal coverage of water supply worth Rs 138.35 crore, out of which works worth Rs 70.45 crore were completed.
Ministry data tabled in Parliament shows that 48% of the funds meant for sewerage and septage management in the state capital have been spent to date.
The Union ministry approved projects worth Rs 21.26 crore for sewerage projects, but state managed to spend just Rs 10.3 crore.
The Centre's flagship AMRUT 2.0 scheme was launched in Oct 2021 for a five-year period and is supposed to be wrapped up this financial year. The data shows that Goa submitted utilisation certificates for just Rs 15.76 crore that was spent. The Centre has listed 85 projects under AMRUT 2.0 in Goa.
The AMRUT 2.0 scheme aims to improve the quality of life for the poor and disadvantaged.
MoS housing and urban affairs Tokhan Sahu told Parliament that assessment and monitoring of work done under AMRUT in the states is ongoing, with a provision for independent review and monitoring.
'In order to fast-track the implementation of AMRUT 2.0, the progress is periodically reviewed and monitored through regular video conferences, webinars, workshops, and site visits,' he said.
Stay updated with the latest local news from your
city
on
Times of India
(TOI). Check upcoming
bank holidays
,
public holidays
, and current
gold rates
and
silver prices
in your area.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
25 minutes ago
- Indian Express
Penalty for securities market violations surged 11 times to Rs 813.83 cr in 2024-25: Sebi annual report
The total amount of penalty imposed by Securities and Exchange Board of India (SEBI) for violation of various market regulations surged 11 times to Rs 813.83 crore during 2024-25, compared to Rs 74.66 crore in the previous fiscal. While the amount of penalty increased substantially, the number of entities found violating different securities regulations declined 26 per cent to 463 in 2024-25, down from 629 in 2023-24, according to Sebi's Annual Report for 2024-25. The regulator saw the highest number violations under Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) category with 155 entities found flouting regulations. This was followed by 116 entities violating Listing Obligations and Disclosure Requirements (LODR) regulations. In 2024-25, direction of debarment was issued against 202 entities, both debarment and disgorgement directions were issued against 89 entities and only disgorgement direction was issued against 15 entities, the annual report showed. In its effort to unearth market misconduct, Sebi conducted search and seizure operations involving 89 entities at 71 locations covering 18 cities across the country. During the year, Sebi initiated investigations in 400 cases pertaining to various violations of securities laws and 301 cases were completed. Investigations were taken majorly for insider trading (287 cases) and market manipulation and price rigging (106 cases). Sebi said that it identified Rs 77,800.4 crore as 'difficult to recover' dues at the end of fiscal 2024-25, as against Rs 76,292.9 crore as on March 31, 2024. Sebi said it received 68,132 complaints through its online grievance redressal platform SCORES in 2024-25, with nearly 38 per cent against stock brokers. Of the 68,132 complaints received, 63,971 grievances were disposed of while 4,074 are still pending, the report showed. Further, Sebi Chairman Tuhin Kanta Pandey, in the annual report, said the regulator was looking at further simplifying the regulatory framework for foreign portfolio investors, with an aim to ensure long-term foreign capital flows into the domestic market. 'The priority of Sebi for the coming year is rationalizing and simplifying regulatory framework for foreign portfolio investors (FPIs) with the objective of enhancing the ease of operations and encouraging long-term foreign capital flows,' Pandey wrote in his statement in the annual report. He said the regulator will make efforts to streamline processes, remove regulatory frictions and strengthen engagement with FPIs and stakeholders. Foreign capital has played a vital role in the development of India's securities markets and contributed to sustained capital formation. Markets regulator has already undertaken a host of reforms to ease regulations for FPIs. Last week, Sebi had floated a consultation paper to improve ease of investments by simplifying onboarding and ongoing compliances for a specific set of Foreign Portfolio Investors (FPIs) like government-owned funds and certain regulated public retail funds – that are objectively verified as belonging to a low-risk category. In the coming year, Sebi has proposed to initiate a comprehensive exercise to rationalize and optimize existing regulations. 'To address this, the focus will be on identifying and removing regulatory redundancies, simplifying procedural requirements and leveraging technology to ease the compliance burden,' Pandey said.
Economic Times
25 minutes ago
- Economic Times
Centre targets December for digitisation of land right records
Synopsis The central government is aggressively pursuing the complete digitisation of land records across India by December, excluding the north-eastern states and Ladakh, to pave the way for future land reforms. With significant progress already made, including the digitisation of nearly all available land records and cadastral maps, this initiative aims to spur economic growth and improve transparency. Land right records digitisation (Image for representation) The central government is aiming for a 100% digitisation of land right records by December across the country, barring north-eastern states and Ladakh, a senior official said. This would be a significant step in paving the way for future land reforms in the country to spur economic growth, he added. So far, 372.12 million, or 99.8%, of available land records, have been digitised, according to the latest land resources department data. Similarly, 97.3% of cadastral maps have been digitised. As many as 89.7% of revenue courts and all the sub-registrar offices across the country have been computerised. The Centre is in regular talks with states to remove any remaining hurdles in the digitisation efforts, the official are not available in most parts of the north-eastern states due to the community ownership of land. Ladakh started the digitisation of land records a couple of years ago and will need some more time to wrap up the exercise, the official reforms are among the most critical measures that the government is planning to initiate to bolster the market and drive up economic expansion over the medium-to-long term amid tariff and other global headwinds. Senior finance ministry officials have already stated that land reforms would be undertaken without snatching away ownership from people. The digitisation of land ownerships is an absolute prerequisite for land resources department had launched the Digital India Land Records Modernization Programme in 2016 by revamping an earlier scheme to improve real-time information on land rights, optimise the use of land resources, reduce the scope of disputes and improve transparency in such record maintenance systems. The central government fully funds this programme, which is implemented with the help of states.
Time of India
25 minutes ago
- Time of India
Nykaa reports 79% rise in Q1 net profit
Synopsis Nykaa's parent company, FSN E-Commerce, witnessed a substantial 79% surge in net profit, reaching Rs 24.47 crore in the fiscal first quarter, driven by a 23% revenue increase to Rs 2,155 crore. The beauty vertical's GMV grew by 26%, while the fashion vertical accelerated to 25% GMV growth. Nykaa is also set to acquire the remaining stake in Nudge Wellness.
