Nitin Gadkari & Himanta Biswa Sarma review progress of key infrastructure projects in Assam
Himanta Biswa Sarma
on Wednesday met Union Minister for Road Transport and Highways
Nitin Gadkari
and discussed the status of progress of key infrastructure projects in the State.
During the course of the meeting that took place at Union Minister's official residence, Chief Minister Dr. Sarma sought the support and cooperation from the Ministry of Road Transport and Highways (MoRTH) for ensuring timely completion of the ongoing infrastructure projects.
The Union Minister assured the Chief Minister of MoRTH's support for time-bound implementation of the ongoing flagship NH projects in Assam as 'these projects will significantly boost regional connectivity, enhance trade routes, and accelerate the pace of economic growth in the Northeast part of the country.'
Later, taking to X (formerly Twitter) the Chief Minister wrote, "In New Delhi today, I had a fruitful meeting with Hon'ble Union Minister Shri @nitin_gadkari Ji.
We reviewed the progress of Assam's flagship infra projects and sought @MORTHIndia's cooperation in their time bound completion.Hon'ble Minister has assured us of the Ministry's undivided focus on this matter."
Live Events
Union Minister Gadkari also took to the micro blogging platform X: "Reviewed the ongoing National Highway projects in Assam, with Assam Chief Minister Shri @himantabiswa Ji and senior officials in Delhi today. These projects will significantly boost regional connectivity, enhance trade routes, and accelerate economic growth across the northeastern region of the country."
The meeting was attended by Union Minister of State for External Affairs, Pabitra Margherita, Principal Secretary to the Chief Minister, Dr.KK Dwivedi and senior officials of MoRTH.
Earlier, the Chief Minister met a team from ICICI Foundation and
ICICI Bank
at his official residence here and discussed ongoing CSR initiatives in Assam.
The meeting focused on strengthening, expanding and diversifying CSR efforts in collaboration with Government of Assam and expanding credit access for micro borrowers.
Moreover, Chairman of LifeCare Ltd., Jayesh Saini called upon the Chief Minister at the latter's official residence and spoke at length about the company's foray into the booming health sector in Assam and its eagerness to bring the projects to fruition soon.
It may be noted that LifeCare, a Kenya-based company, had inked an MoU during the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati in February this year in the health sector.
Economic Times WhatsApp channel
)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
15 minutes ago
- Time of India
Microsoft to cut about 4% of jobs amid hefty AI bets
Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts as the tech giant looks to rein in costs amid hefty investments in artificial intelligence infrastructure. The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers. It was planning to cut thousands of jobs, particularly in sales, Bloomberg News reported last month. The Windows maker had pledged $80 billion in capital spending for its fiscal year 2025. However, the soaring cost of scaling its AI infrastructure has weighed on its margins, with its June quarter cloud margin expected to shrink from last year. Microsoft said on Wednesday it planned to reduce organizational layers with fewer managers and streamline its products, procedures and roles. The Seattle Times first reported on the layoffs earlier on Wednesday. Separately, Bloomberg News reported Microsoft's Barcelona-based King division, which makes the Candy Crush video game, is cutting 10% of its staff, or about 200 jobs. Big Tech peers, which are investing heavily in artificial intelligence, have also announced job cuts. Facebook parent Meta earlier this year said it would trim about 5% of its "lowest performers", while Alphabet's Google has also laid off hundreds of employees in the past year. Amazon has also cut jobs across its business segments, most recently in its books division. The company had earlier laid off employees in its devices and services unit, and communications staff.
Time of India
26 minutes ago
- Time of India
Torrent Pharma to acquire additional 2.41% stake in JB Chemicals for Rs 620 crore
Ahmedabad-based drug maker Torrent Pharmaceuticals Ltd has entered into a share purchase agreement to acquire an additional 2.41% stake in J.B. Chemicals & Pharmaceuticals Ltd from a group of employees for a total cash consideration of Rs 620 crore. The deal involves the purchase of 38.75 lakh equity shares at a fixed price of Rs 1,600 per share, and follows the exercise of employee stock options . The transaction is part of Torrent Pharma's larger plan to acquire a controlling stake in J.B. Chemicals, announced earlier on June 29. The acquisition is subject to shareholder and regulatory approvals, and is expected to be completed after the controlling stake deal closes, the company said in a stock exchange filing. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Shkoder: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo Torrent also clarified that the deal does not qualify as a related-party transaction, and there is no involvement of the promoter group or associated companies in this transaction. The company further indicated that it may acquire the remaining 0.39% stake around 6.24 lakh shares from other J.B. Chemicals employees in the future, also at a maximum price of Rs 1,600 per share, pending fresh agreements. Live Events
&w=3840&q=100)
Business Standard
32 minutes ago
- Business Standard
Reliance Retail to bring FACEGYM to India, makes minority investment in co
Reliance Retail Ventures on Thursday announced a strategic minority investment in UK-based FACEGYM, a global facial fitness and skincare company, and will also bring it to India. 'This marks a pivotal step in RRVL's continued expansion in the high-growth beauty and wellness space,' the company said in a release. Founded by wellness entrepreneur Inge Theron, FACEGYM offers non-invasive facial workouts with skincare formulations. 'Through this partnership, Reliance Retail's Tira will spearhead FACEGYM's foray into India – leading its local operations and market development, and bringing the brand's innovative concept to the Indian consumer,' Reliance Retail Ventures said in its release. Reliance will establish and scale FACEGYM's presence in India over the next five years, through a mix of standalone studios and curated spaces within select Tira stores across key cities. Commenting on the partnership, Bhakti Modi, Co-founder & CEO of Tira, said, 'At Reliance Retail, our commitment is to introduce world-class brands and innovative concepts and experiences to the Indian consumer. FACEGYM sits at the unique intersection of beauty, wellness, and fitness – creating a category of its own. This aligns perfectly with the discerning beauty consumer in India, who is experience-oriented and increasingly drawn to science-backed, innovative concepts. We welcome FACEGYM to our portfolio and to India, and are excited to unlock its immense growth potential in this dynamic market.'
