PM Modi asks States CSs to finish projects on time
Vijayawada: Prime Minister Narendra Modi has directed the Chief Secretaries of various States to complete various national and inter-State projects on time. He held a video conference with the Chief Secretaries from Delhi on Wednesday to discuss the progress of the Pradhan Mantri Matru Vandana Yojana grievance redressal, Tumkur-Rayadurga via Kalyanadurga new railway line project, and the implementation of the Pradhan Mantri Vishwakarma Yojana scheme.
Speaking on the occasion, the Prime Minister directed the completion of various national and inter-state projects on time and expeditiously. Similarly, he said that the complaints related to the Pradhan Mantri Matru Vandana Yojana should be resolved quickly.
He instructed the Chief Secretaries to take steps for the successful implementation of the PM Vishwakarma Yojana scheme. He directed the Railway Department to coordinate with Andhra Pradesh and Karnataka to take steps to complete the construction of the Tumkur railway line on time.
Chief Secretary K Vijayanand, who participated in the video conference virtually from Delhi, informed the Prime Minister that the Tumkur-Rayadurga via Kanyanadurga new line (206 km) project was approved in 2009. The project cost was Rs 970.34 crore and the work was to be completed by 2015. Due to delays, the revised cost has reached Rs 2495.86 crore. He also said that the completion time of the work has been increased to 2027.
He informed the Prime Minister that out of a total of 93 km of this railway line, 75 km has already been started in Andhra Pradesh. He said that the work of the remaining 18 km is in progress. He also informed the Prime Minister that no land acquisition work is pending from the State.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
31 minutes ago
- Time of India
FIR against HDFC Bank MD-CEO by loan defaulter
FIR against HDFC Bank MD-CEO by loan defaulter An FIR has been filed against HDFC Bank's MD and CEO by a certain Mehta family that defaulted on a bank loan provided back in 1995. The private lender informed stock exchanges on Sunday evening, as it vowed to continue all lawful remedies to recover the dues from the defaulter. In 2001, Splendour Gems Limited, owned by the Mehta family, defaulted on loan facilities granted in 1995 by HDFC Bank along with the other consortium banks, the HDFC Bank informed stock exchanges. Despite a recovery certificate issued by the Debt Recovery Tribunal in 2004 and subsequent enforcement actions, the dues remain substantially unpaid, the bank said. The outstanding dues towards HDFC Bank, including interest, amount to approximately Rs 65.22 crore as on May 31, 2025. "In response to ongoing recovery proceedings, members of the Mehta family have initiated multiple legal actions and complaints against HDFC Bank and its senior officials. These include criminal complaints, minority rights petitions, and representations to regulatory authorities--all of which have been dismissed or are under legal challenge. HDFC Bank firmly believes that these allegations are retaliatory in nature and have mala fide intention solely at evading repayment of long-standing dues," the bank said in its statement. Mehta Family, once again, through Lilavati Kirtilal Medical Trust, has filed a complaint against HDFC Bank's MD and CEO. HDFC Bank unequivocally "rejects and strongly condemns the malicious and baseless allegations levelled and maintains that these allegations are completely false, outrageous and constitute a gross misuse of the legal process." HDFC Bank firmly believes that "these actions (by Mehta family) are a deliberate attempt to obstruct and undermine legitimate recovery proceedings related to substantial long-outstanding dues owed by Splendour Gems Limited." "Having exhausted all legal avenues without success, these individuals have now resorted to launching personal attacks against HDFC Bank and its MD and CEO in a clear attempt to malign their reputation and intimidate HDFC Bank into halting its recovery actions. These actions appear to be a calculated distraction from their own failures and liabilities," the bank added. In the statement, HDFC Bank reiterates its commitment to the highest standards of corporate governance. HDFC Bank said it has robust internal controls and compliance mechanisms to ensure adherence to legal and regulatory requirements. "HDFC Bank's governance framework is designed to uphold transparency, accountability, and ethical conduct in all its operations. HDFC Bank believes in fostering a culture of ethics and integrity ensuring that the highest standards of corporate governance are maintained. HDFC Bank's commitment to ethical conduct is reflected in its policies, procedures and actions," HDFC Bank said. "HDFC Bank will continue to pursue all lawful remedies to recover public funds and address the retaliatory actions taken by the Mehta family as well as to defend the reputation and integrity of the Bank, its Directors and other employees. HDFC Bank remains dedicated to upholding its reputation for corporate governance and ethical conduct," HDFC Bank concluded its statement. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
31 minutes ago
- Time of India
RBI repo cut effect: HDFC slashes lending rates by 10 bps; new rates already in effect
Private sector lender HDFC Bank has reduced its benchmark lending rates following the Reserve Bank of India 's (RBI) unexpected decision on Friday to cut the repo rate by 50 basis points in a bid to revive the slowing economy. The bank revised its marginal cost of funds-based lending rates (MCLR) downward by 10 basis points across all loan tenures. According to its website, the new rates came into effect on 7 June. The overnight and one-month MCLR now stands at 8.90%, the three-month at 8.95%, and the six-month and one-year tenures are down to 9.05%. The two- and three-year rates have been trimmed from 9.20% to 9.10%. The changes follow the RBI's latest policy review, in which the central bank not only delivered a sharper-than-expected 50 basis point repo rate cut to 5.5% but also surprised markets by reducing the cash reserve ratio (CRR) by 100 basis points to 3%. The CRR cut is expected to infuse an additional Rs 2.5 lakh crore into the banking system. The RBI's monetary policy committee, led by Governor Sanjay Malhotra, voted 5-1 in favour of the rate cut, signalling a stronger push to support lending and spur economic activity. This latest move brings the total rate cuts for 2025 to 100 basis points, following earlier reductions in February and April. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
NDTV
34 minutes ago
- NDTV
Parents Of Stampede Victim, 24, Break Down While Accepting Compensation
Four days after a deadly stampede in Bengaluru, a family in Karnataka's Kolar was handed a financial compensation for the damage that cannot be compensated - the loss of their 24-year-old daughter. Kolar deputy commissioner MR Ravi visited the home of Sahana, one of the 11 people who died in the June 4 stampede that occurred in front of the Chinnaswamy stadium during the Royal Challengers Bangalore (RCB) team's IPL victory celebrations. Forty-seven were injured in the tragedy. Her mother broke down as she was offered the cheque of Rs 25 lakh compensation by the officer. Sahana's father, who was trying to hold back his tears, burst out crying as soon as he touched the cheque. As other family members comforted them, the parents were seen weeping uncontrollably. All the victims of the stampede were in the 20-30 years age group with a 14-year-old being the youngest - Divyanshi (14), Doresha (32), Bhoomik (20), Sahana (24), Akshata (27), Manoj (33), Shravan (20), Devi (29), Shivalinga (17) and Chinmayi (19) and Prajwal (20). Earlier, the Karnataka government had announced a compensation of Rs 10 lakh each, which was later increased to Rs 25 lakh per family. The opposition BJP has been criticising the Congress government in the state, accusing Chief Minister Siddaramaiah and his deputy DK Shivakumar of "apathy". "The police had informed them of the first death by noon. Eight young ones had already died when the event began, yet the programme continued, showing that these leaders have hearts of stone," said Leader of Opposition in Karnataka Assembly R Ashoka. The tragedy has also led to a blame game with the state government suspending police officers, and cops saying that they had flagged concerns about the event. Several officials, including Bengaluru Police Commissioner B Dayananda, have been suspended for alleged laxity that led to the stampede. Four people, including an RCB marketing head, have been arrested so far. A letter accessed by NDTV established that the police force deployed at the Karnataka Vidhana Soudha had warned against the idea of holding the RCB's IPL trophy celebrations at the grand stairs of the premises. In a letter to the Department of Personnel and Administrative Reforms on June 4, Vidhana Soudha's Deputy Commissioner of Police (DCP) MN Karibasavana Gowda pointed out the lack of time for security preparedness to tackle "lakhs of cricket fans" expected at the spot. R Ashoka slammed the government for going on with celebrations both at Vidhana Soudha and the stadium thereafter, despite deaths due to a stampede, and called the Chief Minister and Deputy Chief Minister "inhuman". On Saturday, top senior officials of Karnataka State Cricket Association (KSCA), Secretary A Shankar and Treasurer ES Jairam, tendered their resignations, taking "moral responsibility" for the stampede.
