Urban Transformation

CHHATTISGARH • Independent Body To Review Amrut Projects  The Chhattisgarh Government will get done an independent review of the progress of work under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) projects, officials informed.  Notably, the Central government had already released the first installment of Rs 55.29 crore out of the approved Rs 573.40 crore for State Annual Action Plan (SAAP) under AMRUT project for the financial year 2016-17 in Chhattisgarh.  The Union Ministry of Urban Development has already released Central Assistance of Rs 1,062.27 crore to 13 States as first installment under AMRUT project for the ... Read more

CHHATTISGARH   ·               Jaypee plans to raise Rs 2k cr, to sell Bhilai Jaypee Cement.   ð Debt-ridden Jaiprakash Associates  said its proposed sale of entire 74 per cent stake in Bhilai Jaypee Cement Ltd for an enterprise value of Rs 1,450 crore is expected to be concluded by year-end and plans to raise up to Rs 2,000 crore through sale of securities.   ð Bhilai Jaypee Cement owns 1.1 MTPA clinker plant at Satna in MP and 2.2 MTPA cement grinding Unit at Bhilai, Chhattisgarh.   ð Jaiprakash Associates has also sought shareholders nod for an enabling special resolution to raise up to Rs 2,000 ... Read more

Chhattisgarh   Raipur Municipal Corporation portal to keep track of affordable house allotments   An online portal has been launched by the civic body to keep track of home allotments to slum dwellers through the Basic Service for Urban Poor (BSUP) housing scheme.   This portal will keep track of vacant houses and its allotment process executed by zone commissioners by the central server located at Raipur Municipal Corporation (RMC).   Civic authorities said that the portal will enable beneficiaries of the scheme as well as civic officials to remain constantly updated on the allotment procedure, bringing in transparency in the process. INTERNATIONAL IAEA opens world’s first low ... Read more

  Chhattisgarh is the 17th most populated state in the country. A resource-rich state, it is a source of electricity and steel for the country, accounting for 15% of total steel produced. Chhattisgarh is one of the fastest-developing states in India. Industrial sector Power sector Chhattisgarh is one of the few states of India where the power sector is effectively developed. Based on the current production of surplus electric power, the position of the State is comfortable and profitable. The Chhattisgarh State Electricity Board (CSEB) is in a strong position to meet the electricity requirement of the new state and is in good financial ... Read more