The Cabinet Committee on Economic Affairs (CCEA) has given approval to set up a Rs. 15,000 crore Animal Husbandry Infrastructure Development Fund, which was proposed as part of the Aatmanirbhar Bharat package last month.

Asian Infrastructure Investment Bank (AIIB) is expected to provide $800 million for the 4th corridor of phase-II of Chennai Metro. Officials are urging the introduction of a ‘Make in India’ clause after Shanghai Tunnel Engineering Co (STEC) emerged as the lowest bidder.

The Cabinet Committee on Economic Affairs (CCEA) has given approval to set up a Rs. 15,000 crore Animal Husbandry Infrastructure Development Fund, which was proposed as part of the Aatmanirbhar Bharat package last month.

Asian Infrastructure Investment Bank (AIIB) is expected to provide $800 million for the 4th corridor of phase-II of Chennai Metro. Officials are urging the introduction of a ‘Make in India’ clause after Shanghai Tunnel Engineering Co (STEC) emerged as the lowest bidder.

Investment trade body Asia-Pacific Real Estate Association (APREA) has approached the Reserve Bank of India to allow overseas funds to invest in debt securities issued by Real Estate Investment Trusts (REITs) and Infrastructure investment trusts (InvITs).

Engineering firms like Tata Projects, L&T, Capacite Infra and Shapoorji Pallonji have bid for construction of a rehabilitation building in Girgaon for MMRC. The 48-storey Girgaon redevelopment building (G3) will have 473 residential flats, 137 shops and 19 commercial offices.

NHAI has finally floated the tender for phase I of intermodal station (IMS) at Ajni. The cost of the project is Rs 1,053.38 crore. It has to be completed in 2.5 years and the contractor will have to maintain the facility for ten years. It is expected to handle 3 lakh passengers per day by 2050.

Two more underground parking areas will come up in Jaipur to manage space crunch. Jaipur Municipal Corporation (JMC) will soon invite tenders for the parking areas in Aatish Market and Pondrick Park. In Pondrick Park, it will have a recreation centre – game room, community centre and a small library. The project will be financed by the Jaipur Smart City Limited and executed by JMC.

40 Smart Public Toilets will be set up with all modern facilities in Karimnagar city. As per the four-lakh population living in Karimnagar city, Karimnagar Municipal Corporation (KMC) had passed a resolution to construct around 40 Smart Public Toilets (SPTs) in association with private parties. The SPTs will be constructed at places like Collectorate, bus stand, vegetable markets, shopping malls etc, where there will be a huge rush of people.