logo
PM Modi inaugurates projects worth Rs 26k crore in Bikaner

PM Modi inaugurates projects worth Rs 26k crore in Bikaner

Bikaner (Rajasthan), May 22 (UNI) Prime Minister Narendra Modi on Thursday inaugurated 103 AMRUT railway stations in Bikaner, Rajasthan and laid the foundation stone of various projects worth Rs 26,000 crore.
Earlier, the Prime Minister flagged off the Bikaner-Mumbai Express train at Deshnok railway station.
Rajasthan Governor Haribhau Kishanrao Bagde, Chief Minister Bhajan Lal Sharma, Railways, Information and Broadcasting and Electronics Minister Ashwini Vaishnaw, Union Law Minister Arjun Ram Meghwal and other public representatives were present on the occasion.
The 103 AMRUT railway stations redeveloped by the Prime Minister include eight railway stations in Rajasthan (Fatehpur Shekhawati, Deshnoke, Bundi, Mandalgarh, Gogamedi, Rajgarh, Govindgarh, Mandawar-Mahua Road). Indian Railways is moving towards 100% electrification of its network making railway operations more efficient and environment friendly.
In the same vein, Modi laid the foundation stone of Churu-Sadulpur rail line (58 km) and dedicate to the nation electrification of Suratgarh-Phalodi (336 km), Phulera-Degana (109 km), Udaipur-Himmatnagar (210 km), Phalodi-Jaisalmer (157 km) and Samdari-Barmer (129 km).
Foundation stone was also laid for construction of 3 vehicle underpasses on NH-58 at Pushkar and widening and strengthening of roads of NH-11, NH-70 (Jaisalmer to Myajlar) to boost the Prime Minister's road infrastructure. He also dedicated seven road projects worth Rs 4,850 crore in Rajasthan.
Modi laid the foundation stone of various power projects including NEEPCO 300 MW Ground Mounted Solar Project (Bikaner), SJVN 100 MW Solar Power Project (NAWA), Solar Projects of Deedwana and Kuchaman. In addition, the foundation stone of the transmission system for power evacuation of Part B Powergrid Sirohi Transmission Limited and Part E Powergrid Mewar Transmission Limited was also laid.
At the event, the Prime Minister also inaugurated three power projects, including Power Grid, Neemuch Transmission System Limited and transmission system for evacuation of power from Bikaner Complex.
Along with this, the expansion of conversion capacity in Fatehgarh-II Power Station was also inaugurated, which will help in reducing carbon emissions. During the event, the Prime Minister will lay the foundation stone of Kalasar Solar Power Project (500 MW) and inaugurate Shimbhu Ka Bhurj Solar Power Project (300 MW).
Modi laid the foundation stone for various projects for upgradation and maintenance of 12 state highways of 757 km length at a cost of over Rs 3,240 crore. These include Mangaliawas-Padukalan (State Highway-102), Beawar-Tehla-Alniyawas (State Highway-59 and State Highway-104), Dantiwada-Pipar-Merta City (State Highway-21). An additional 900 km of new highways will be added along the Gotan-Sathin highway in the expansion of the State Highways Development Programme.
PM Modi also laid the foundation stone of various water infrastructure projects, including rural water supply and fluorosis mitigation project for Jhunjhunu district, restructuring of urban water supply schemes for seven towns of Pali district under AMRUT 2.0.
UNI XC GNK BM
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

How did Anil Ambani's telecom company go bankrupt, once used to challenge Airtel, Idea, launched Rs 500 phone to....
How did Anil Ambani's telecom company go bankrupt, once used to challenge Airtel, Idea, launched Rs 500 phone to....

India.com

time22 minutes ago

  • India.com

How did Anil Ambani's telecom company go bankrupt, once used to challenge Airtel, Idea, launched Rs 500 phone to....

Anil Ambani (File) Several companies of Anil Ambani were raided by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA), leading to several stories about Anil Ambani's legacy. Anil Ambani's Reliance Infocomm, later rebranded as Reliance Communications (RCom)—once stood as the telecom flagship of the Reliance empire. In the beginning, Reliance Communications (RCom) embodied disruptive growth with slashing call rates, bundled handsets, and rapid expansion into India's underserved markets. However, within a decade, Anil Ambani's spiraled from market leader to bankruptcy. How did Reliance Infocomm grew so big? Launched in the early 2000s, Reliance Infocomm rapidly grew under Anil Ambani's leadership after the 2005 split of Reliance Industries. The company pioneered CDMA services in India with the 'Monsoon Hungama' campaign, making mobile telephony accessible to lower-income segments. Riding high on investor enthusiasm, RCom's IPO in 2006 was oversubscribed dozens of times, allowing it to build one of the country's largest telecom networks. Notably, Reliance Infocomm revolutionized the telecom market by offering CDMA mobile phones for Rs 501 under the 'Monsoon Hungama' plan in 2003, giving a tough competition to Idea and Bharti Airtel. How did Reliance Communications' downfall come? Reliance Communications' downfall was driven by poor strategic choices, including sticking too long with outdated CDMA technology and entering the GSM space late. The launch of Reliance Jio by Mukesh Ambani worsened its decline. Mounting debt, failed deals, and rising losses led RCom to file for bankruptcy in 2019, marking the collapse of what was once a telecom giant. Anil Ambani's Reliance Group announces Rs 18000 crore investment plan Anil Ambani's Reliance Group will focus on defence, power and clean energy sectors to chart the next phase of growth that will train resources on innovation and value creation, it said on Sunday. Just as financial crime-fighting agency, Enforcement Directorate concluded searches at locations linked to the group as part of an investigation into alleged money laundering and siphoning of public funds, over 100 top leaders from its two listed firms — Reliance Infrastructure and Reliance Power — convened in Mumbai on Sunday to reaffirm their commitment to its ambitious growth roadmap. (With inputs from agencies)

PM Modi's BIG statement on Op Sindoor; says it proved India's enemies, terrorists have no...
PM Modi's BIG statement on Op Sindoor; says it proved India's enemies, terrorists have no...

India.com

time22 minutes ago

  • India.com

PM Modi's BIG statement on Op Sindoor; says it proved India's enemies, terrorists have no...

Prime Minister Narendra Modi addresses a public rally in Tamil Nadu on Sunday. (ANI Photo) Gangaikonda Cholapuram, (Tamil Nadu): Prime Minister Narendra Modi on Sunday said Operation Sindoor showed the world the way India would respond if its sovereignty was attacked and that the cross-border military offensive has created a new self-confidence across the country. Operation Sindoor, launched in response to the April 22 Pahalgam terror attack, also proved that for enemies and terrorists targeting India, there is no safe haven, PM Modi said in his address at an event here to honour the Tamil emperor Rajendra Chola-I. The event marks the birth anniversary of the Rajendra Chola-I which is celebrated as the 'Aadi Thiruvathirai' (the birth star of the king is Thiruvathirai in the Tamil month of Aadi) festival. Also, it commemorates 1,000 years of Rajendra Chola's legendary maritime expedition to South East Asia and the commencement of the construction of the Gangaikonda Cholapuram temple, a magnificent example of Chola architecture. 'The world saw how India responds if someone attacks its security and sovereignty,' he said about the military strikes at chosen targets in Pakistan and Pakistan-occupied Kashmir on May 7. Further, he said: 'Operation Sindoor proved that for enemies of India, for terrorists, there is no safe haven. When I came here from the helipad, the 3-4 km distance suddenly became a roadshow, and everyone was praising Op Sindoor. It has created a new awakening, a new self-confidence across the country. The world has to realise India's strength.' Modi further said the names of emperors Raja Raja Chola, and his son Rajendra Chola-I are synonymous with India's identity and pride and announced that grand statues would be built for them in Tamil Nadu. These statues will be 'modern pillars of our historic awakening.' The honour for the iconic Tamil kings follows Modi's several Tamil-centric initiatives including the Kashi Tamil Sangamam and multi-language and braille translations of Thirukkural, Manimekalai and other classic Tamil literature. 'The Chola emperors had woven India into a thread of cultural unity. Today, our government is carrying forward the same vision of the Chola era. Through initiatives like the Kashi-Tamil Sangamam and the Saurashtra-Tamil Sangamam, we are strengthening these centuries-old bonds of unity,' the PM said. Further, Modi said several people spoke about UK's Magna Carta while commenting on democracy. However, the Chola-era 'Kudavolai system' predated it by centuries, he said. Clearly, the prime minister continued with his Tamil pitch by invoking the rich legacy of Chola kings and their patronage of Saivite spiritualism. The PM said: 'Our Shaivite tradition has played a vital role in shaping India's cultural identity. The Chola emperors were key architects of this legacy. Even today, Tamil Nadu remains one of the most significant centres where this living tradition continues to thrive.' The PM said operation Sindoor has raised a new confidence in the people of India and the whole world is witnessing it. On the legacy of Rajendra Chola, he said, out of deep respect, the temple gopuram was built lower than that of his father's Brihadeeswarar Temple in Thanjavur. Despite his achievements, Rajendra Chola exemplified humility. 'Today's New India embodies this same spirit—becoming stronger, yet rooted in values of global welfare and unity', the Prime Minister said. Noting that July 27 marks the death anniversary of former President A P J Abdul Kalam, Modi remarked that in order to lead a developed India, the country needs millions of youth like Kalam and the Chola kings. Listening to the rendition of spiritual hymns by Odhuvamurthys (Saivite gurus) and a Shiva-chant concert by music maestro Ilaiyaraja, the PM said the the spiritual atmosphere deeply moved the soul. Amid chants of Vedic and Saivite Thirumurai, Modi prayed at the Lord Shiva temple here, built by Rajendra Chola-I to mark his victories and the founding of a new city Gangaikonda Cholapuram. Prime Minister Narendra Modi held a roadshow here on Sunday soon after his arrival to preside over the function to mark the birth anniversary of Rajendra Chola. During the roadshow, the prime minister stood on the running board of his vehicle and waved at the people who lined up on both sides of the road. Workers of the BJP and AIADMK enthusiastically gathered on roadsides and they showered flowers and petals on Prime Minister Modi all through the 3-kilometer road show route; the flags of the BJP and AIADMK fluttered. The prime minister released a commemorative coin honouring Rajendra Chola I, and attended the launch of the Tamil Gita album, facilitated by the Chinmaya Mission, remarking that the initiative energises the nation's resolve to preserve its heritage. The PM also released a booklet on 'Thirumurai recital,' (recital of Saivite hymns). The prime minister arrived in Tuticorin on July 26 night and inaugurated, laid foundation stones for projects worth about Rs 4,900 crore. On Sunday, he presided over the Aadi Thiruvathirai festival's grand finale here, which commenced on July 23. The event is an initiative of the Union Ministry of Culture/the ASI which maintains the Chola-era Lord Shiva temple here. Gangaikonda Cholapuram in Ariyalur district is near Kumbakonam in the Cauvery delta region of Tamil Nadu. After completing his 2-day engagements in Tamil Nadu, the prime minister left for Delhi on July 27 from Tiruchirappali, where he stayed on Saturday night. (Only the headline has been reworked by staff. Copy comes from an agency feed)

Lenskart gets shareholder approval for $250 million IPO fundraise
Lenskart gets shareholder approval for $250 million IPO fundraise

Business Standard

time32 minutes ago

  • Business Standard

Lenskart gets shareholder approval for $250 million IPO fundraise

Indian eyewear retailer Lenskart secured shareholder approval to raise $250 million through a fresh share issue, setting the stage for a public offering that could reach $1 billion, including existing investor sales, according to sources. It is aiming for an IPO valuation of about $10 billion. 'The company got approval for the $250 million IPO fundraise. The offer for sale (OFS) would be decided later,' said a person familiar with the matter. The company plans to file its prospectus with the Securities and Exchange Board of India (Sebi) soon, joining a wave of technology startups—including trading platform Groww, e-commerce firm Meesho, and education company PhysicsWallah—that are preparing to go public in 2025. Lenskart's move comes as the $5 billion company—recently marked up to $6.1 billion by Fidelity—seeks to capitalize on robust growth in India's retail market. The Gurugram-based firm reported 43 per cent revenue growth to Rs 5,427.7 crore in FY24 from Rs 3,788 crore in FY23, while narrowing its losses by 84 per cent to Rs 10 crore in FY24 from Rs 63 crore in FY23. The IPO approval includes a pre-listing fundraising round of $51 million and a new employee stock plan covering 7.2 million shares. Lenskart operates more than 2,500 stores globally and is investing $200 million in a manufacturing facility in southern India. Lenskart continues to deepen its penetration in India while rapidly scaling its international presence, including in Southeast Asia and the Middle East. With a unique click-and-mortar business model, it is disrupting the eyewear industry by offering an omni-channel customer experience across online platforms, mobile applications, and stores. Globally and in India, Gurugram-based Lenskart competes with players such as Titan Eyeplus, Specsmakers, Vision Express, Warby Parker, and Italian eyewear conglomerate Luxottica Group.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store