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Greater Noida Land hurdle cleared for road linking Knowledge Park 3 with LG chowk

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1 month ago

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Greater Noida Land hurdle cleared for road linking Knowledge Park 3 with LG chowk

The Greater Noida authority is set to issue a tender to finalise a contractor to build a 1.5km stretch of a key road connecting LG Chowk to the education hub in sector Knowledge Park 3. The private firm owning the land has agreed to give it away for the road project after 15 years of negotiations. The authority will build a central verge, drainage network, horticulture.

work to beautify the road, which has witnessed frequent road accidents due to its half-built state. The authority will issue a tender to finalise a contractor, approving a budget of ₹31 crore for the project. The road is expected to take six months to build, as the current road is half-built from the education hub to LG Chowk and the other half is not built due to land issues.

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Greater Noida is set to build a bridge across the Hindon river, connecting the education hub road to Noida’s busy areas. The work has been expedited after resolving a land dispute, as the road will witness heavy traffic once the bridge is ready. The authority will build a central verge, drainage network, and horticulture work to beautify the road, which has experienced frequent.

Road accidents due to its half-built nature. Once the bridge is completed, commuters will travel through the road with ease and reach Noida from Greater Noida in five minutes. The bridge and road stretch will alleviate the need for commuters heading towards LG Chowk and Surajpur to traverse the Noida-Greater Noida Expressway up to Pari Chowk, reducing travel.

Distance by at least 10 kms and easing congestion around Pari Chowk The Greater Noida Authority has resolved a longstanding land acquisition issue, paving the way for the construction of a crucial 1.5 km road linking LG Chowk to Knowledge Park 3. This development is expected to significantly alleviate traffic congestion at Pari Chowk.

  • Project Overview: The proposed six-lane road will feature three lanes in each direction, service roads, a central verge, and a comprehensive drainage system. These enhancements aim to improve traffic flow The road is being connected with Noida’s sectors 144, 145, and 146 through a new and do bridge being built across Hindon and enhance connectivity between key educational hubs in the region and reduce waterlogging during the monsoon season.
  • Land Acquisition Resolution: The land, previously owned by Super Cassettes Industries Ltd (T-Series), was a major bottleneck for the project. After extensive negotiations, the company has agreed to provide the necessary land for the road construction. Under the agreement, T-Series will retain 40% of the undeveloped land against external development fees, while the Greater Noida Authority will acquire.
  • Impact on Commuters: The new road is anticipated to benefit approximately 5 lakh people, providing a smoother and more efficient route between Knowledge Park 3 and LG Chowk. This will not only ease daily commutes but also support the region’s growing educational and commercial sectors This initiative reflects the Greater Noida Authority’s commitment to enhancing urban infrastructure.
  • A major hurdle has been cleared for the construction of a crucial 1.5 km road linking Knowledge Park 3 with LG Chowk in Greater Noida. The road aims to ease traffic congestion connectivity in the region, particularly benefiting the educational hubs.
  • The road project, designed to be a six-lane road with three lanes in each direction, will feature service roads, a central verge, and an efficient drainage system. These improvements are expected to enhance traffic flow and reduce waterlogging during the monsoon season, contributing to smoother commutes for the local population.
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Equipped to thwart cyber attacks: Banks, insurance firms to Sitharaman

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3 weeks ago

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May 10, 2025

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Equipped to thwart cyber attacks: Banks, insurance firms to Sitharaman

Sitharaman gave banks instructions to keep offering smooth services to customers, even in isolated locations, in cooperation with authorities and security firms as needed. Finance Minister Nirmala Sitharaman received assurances from Indian banks and insurance companies on Friday that they are prepared to stop any cyberattacks by Pakistani outfitted DDoS.

Distributed denial-of-service) systems. “Mock drills covering cybersecurity and disaster recovery scenarios at the highest levels have been held to ensure institutional readiness,” they informed her at a Friday meeting. According to the financial institutions (FIs), they are alert and actively monitoring phishing efforts. In order to guarantee prompt claim payouts.

Continuous customer service, Sitharaman instructed banks to keep offering smooth services to consumers, especially in distant places, in cooperation with regulators and security agencies New Delhi, May 10, 2025 — In a reassuring development for the financial sector, Finance Minister Nirmala Sitharaman on Friday said that banks and insurance companies in India fully.

Speaking at a cybersecurity summit organized by the Ministry of Finance in collaboration with the Reserve Bank of India (RBI) and IRDAI, Sitharaman stated that both public and private sector financial institutions have significantly ramped up their cyber preparedness equipped to counter cyber threats and have strengthened their digital security infrastructure safeguard.

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Rising Digital Transactions, Rising Risk

The Finance Minister’s remarks come in the wake of a growing number of cyber threats targeting the banking and insurance sectors, especially as India witnesses a steep rise in digital transactions. According to official data, digital payments in India grew over 76% year-on-year in FY 2024-25, driven by UPI, mobile banking, and digital policy purchases.

With this surge, the risks associated with data breaches, phishing, ransomware, and unauthorized access have also grown exponentially. Sitharaman emphasized the need for constant vigilance and investment in advanced cybersecurity technologies “Representatives from leading banks and insurance companies have assured the ministry that robust systems.

Institutional Safeguards in Place

The Finance Minister highlighted that both the RBI and IRDAI have issued detailed guidelines on cybersecurity protocols. Regular audits, simulation drills, and incident response mechanisms are now mandatory across institutions “Financial institutions cannot afford to be complacent. Cyber threats are evolving, and our preparedness must stay ahead of that curve.

“Banks are operating with 24×7 Security Operations Centers (SOCs), and insurance companies are also mandated to deploy advanced firewalls and data protection policies,” she noted ” she said real-time monitoring, and preventive frameworks are in place to detect, resist, and respond to cyber attacks,” Sitharaman said customers and operations Sitharaman also.

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Consumer Awareness Key

The minister also urged banks and insurers to invest in customer education. “A large number of cyber frauds happen due to lack of awareness. Institutions must proactively inform and empower users to identify and avoid suspicious links, calls, or messages,” she added mentioned that the government is working closely with the Indian Computer Emergency Response Team (CERT-In) to ensure real-time threat intelligence sharing and coordinated.

As digital finance continues to evolve, Sitharaman reaffirmed the government’s commitment to creating a secure and resilient financial ecosystem for all stakeholders response strategies Finance Minister Nirmala Sitharaman said banks and insurance companies have assured the government of their readiness to counter cyber threats. At a recent cybersecurity summit.

Financial institutions confirmed the implementation of advanced security systems, 24×7 monitoring, and compliance with RBI and IRDAI guidelines. Sitharaman emphasized the need for ongoing vigilance, customer And collaboration with CERT-In to ensure a secure digital financial ecosystem amid rising cyber risks of advanced securit Sitharaman emphasized the need for constant vigilance and investment in advanced.

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