
PM Modi To Launch Rs 12,000 Crore Projects In Bihar, Bengal Today
Prime Minister Narendra Modi is set to visit Bihar and West Bengal on Friday, where he will launch a range of developmental projects worth over Rs 12,000 crore.
After giving a major thrust to infrastructure development in both states, PM Modi will also address public gatherings in Motihari (Bihar) and Durgapur (West Bengal), respectively.
The projects, amounting to over Rs 7,200 crore for Bihar and over Rs 5,000 crore for Bengal, aim to elevate the region's connectivity and overall infrastructural growth, while boosting employment, rural livelihoods, and digital innovation.
In Motihari, PM Modi will inaugurate and lay foundation stones for projects across rail, road, IT, fisheries, and rural development sectors. He will flag off four Amrit Bharat Express trains connecting Patna, Motihari, Darbhanga, and Malda Town to major northern cities, including Delhi and Lucknow.
Key railway projects in Bihar include the inauguration of automatic signalling on the Samastipur-Bachhwara line and the doubling of Darbhanga-Thalwara and Samastipur-Rambhadrapur sections worth Rs 580 crore.
The Prime Minister will also lay the foundation stone for rail infrastructure projects, including a Vande Bharat maintenance facility at Patliputra and doubling of the Darbhanga-Narkatiaganj line, amounting to Rs 4,080 crore.
In road infrastructure, PM Modi will launch the four-laning of the Ara bypass and Parariya-Mohania section of NH-319 with a combined investment of Rs 820 crore, improving access to the Delhi-Kolkata Golden Quadrilateral.
To foster Bihar's digital economy, the Prime Minister will inaugurate a Software Technology Parks of India (STPI) facility in Darbhanga and an incubation centre in Patna, boosting start-ups and IT/ITES exports.
Under the PM Matsya Sampada Yojana, he will launch new fisheries infrastructure, including hatcheries, aquaculture units, and fish feed mills.
PM Modi will lay the foundation stone for Bharat Petroleum Corp. Ltd (BPCL) City Gas Distribution (CGD) project in Bankura and Purulia districts of West Bengal, worth around Rs 1,950 crore, to give a boost to Oil and Gas infrastructure in the region. It will provide PNG connections to households, commercial establishments and industrial customers and provide CNG at the retail outlets.
PM Modi will also dedicate to the nation the Durgapur to Kolkata section (132 Km) of Durgapur-Haldia Natural Gas Pipeline and Bokaro-Dhamra Pipeline, also known as Pradhan Mantri Urja Ganga (PMUG) Project.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
3 minutes ago
- Business Standard
AU Small Finance Bank Q1 results: PAT up 16% at ₹581 cr despite higher NPAs
AU Small Finance Bank on Saturday posted a 16 per cent growth in net profit to Rs 581 crore during the first quarter of this financial year. The Jaipur-based bank had earned a net profit of Rs 503 crore in the same quarter of the previous fiscal year. The total income rose to Rs 5,189 crore during the June 2025 quarter from Rs 4,278 crore in the same period of FY25, AU Small Finance Bank said in a regulatory filing. Interest earned by the bank improved to Rs 4,378 crore compared to Rs 3,769 crore in the June quarter of FY25. Net interest income rose to Rs 2,045 crore during the quarter against Rs 1,921 crore a year ago. The bank's operating profit also increased to Rs 1,312 crore from Rs 952 crore in the year-ago period. However, the bank's asset quality witnessed deterioration, as gross non-performing assets (NPAs) rose to 2.47 per cent of gross advances at the end of the June quarter, from 1.78 per cent a year ago. Gross loan portfolio (GLP) grew 18 per cent to Rs 1,17,624 crore compared to Rs 99,792 crore as of Q1 FY25, it said. Similarly, net NPAs, or bad loans, increased to 0.88 per cent against 0.63 per cent in the year-ago period. As a result, provisions and contingencies almost doubled to Rs 533 crore during the first quarter compared to Rs 283 crore a year ago. Provision Coverage Ratio (PCR) stood at 83 per cent at the end of June 2025. However, the capital adequacy ratio of the bank declined to 19.42 per cent from 20.11 per cent in the same quarter of FY25. Commenting on quarterly numbers, AU Small Finance Bank MD and CEO Sanjay Agarwal said, "We have reported another set of consistent performance in a seasonally soft quarter, showing sustainable growth in deposits, assets, and profitability". As the economic cycle strengthens, AU is well-positioned to navigate near-term uncertainties while staying committed to the long-term vision of building a forever bank that can truly scale with sustainability, he added.
&w=3840&q=100)

Business Standard
3 minutes ago
- Business Standard
The India Cements Q1FY26 results: Net loss ₹132.9 cr, income remains flat
The India Cements Ltd, a subsidiary of UltraTech Cement Ltd, an Aditya Birla Group company, reported a consolidated net loss of Rs 132.90 crore for the April-June 2025 quarter, the company said on Saturday. The city-based cement maker had posted a consolidated net profit of Rs 58.47 crore during the corresponding quarter of the previous financial year. For the year ended March 31, 2025, the consolidated net loss stood at Rs 143.68 crore, the company said in a regulatory filing. The consolidated total income for the quarter under review was Rs 1,033.85 crore, compared to Rs 1,042.27 crore in the same quarter last year. For the financial year ended March 31, 2025, consolidated total income stood at Rs 4,357.31 crore. During the quarter, the company approved the sale of its entire equity stake in its subsidiary, Industrial Chemicals and Monomers Ltd. It also said it had successfully refinanced its debt, resulting in a significant reduction in finance costs, from Rs 82.36 crore in the corresponding quarter last year to Rs 26.58 crore. "The company is planning a capital expenditure programme over the next two years to improve efficiency and reduce operating costs; increase the share of renewable power; and enhance safety standards," India Cements said. Profitability is expected to improve further as the benefits of this capex programme begin to flow in, along with synergies from economies of scale, a wider distribution network, and a stronger balance sheet. The company said it is poised to grow stronger. Increasing government spending on infrastructure and rising demand in the housing market are expected to further boost performance. India Cements has a total cement capacity of 14.75 MTPA (million tonnes per annum), with integrated cement plants in Tamil Nadu, Telangana, Andhra Pradesh, and Rajasthan, and one grinding unit in Tamil Nadu, the company added.


Business Standard
22 minutes ago
- Business Standard
HDFC Bank consolidated net profit declines 1.32% in the June 2025 quarter
Total Operating Income rise 7.14% to Rs 87371.87 croreNet profit of HDFC Bank declined 1.32% to Rs 16257.91 crore in the quarter ended June 2025 as against Rs 16474.85 crore during the previous quarter ended June 2024. Total Operating Income rose 7.14% to Rs 87371.87 crore in the quarter ended June 2025 as against Rs 81546.20 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% Operating Income87371.8781546.20 7 OPM %26.1839.07 -PBDT20849.8322727.37 -8 PBT20849.8322727.37 -8 NP16257.9116474.85 -1 Powered by Capital Market - Live News