Business
Budget 2022: ₹2,600 cr allocated for non-residential buildings in Central Vista this year
More than Rs 2,600 crore has been allocated in the federal budget to the Ministry of Housing and Urban Affairs for the construction of non-residential office buildings under the Central Vista project, including Parliament and the Supreme Court.
The amount allocated this year is Rs 767.56 crore, which is more than Rs 1,833.43 crore in the previous fiscal. In addition, the ministry has secured Rs 873.02 crore for residential use.
Delhi’s Central Vista redevelopment project aims to transform the country’s power corridors and create new structures for the country’s most important buildings.
The Central Vista project envisages a new triangular parliament building, a common central secretariat, a refurbished 3km Rajpath boulevard extending from Rashtrapati Bhavan to the Gateway of India, a new prime minister’s residence and offices, and a new deputy Presidential enclave. Lutyens High Security Zone in Delhi.
Notably, six construction firms including Tata Projects Limited, L&T Limited and Shapoorji Pallonji and Company Limited are racing to win the contract for the Executive Enclave on the south side of the South Block, which will house the new PMO, Cabinet Secretariat, House of India and National Security Council Secretariat.
The first three buildings of the Common Central Secretariat were built by Larsen & Tourbo last year. A Jharkhand-based infrastructure company, Kamladityya Construction Pvt Ltd, was awarded the contract to build the Vice-Presidential enclave.
Meanwhile, Tatas is building a new parliament building and Shapoorji Group has been awarded a contract for redevelopment work on Central Vista Avenue, which stretches from Rashtrapati Bhavan to India Gate.
Complete News Source : Hindustan Times
Business
Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise
%20(3).jpg "Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise")
Tributes continue to pour in for Ratan Tata, with Virat Kohli and Jay Shah taking to their social media accounts to bid farewell to the industrialist.
Former Indian captain and batting legend Virat Kohli paid a touching tribute to Ratan Tata, the legendary business tycoon, who passed away on Wednesday night. Tata, a Padma Vibhushan recipient, was undergoing treatment in intensive care since Monday but breathed his last in Mumbai, leaving a profound impact on many across the nation.
Kohli expressed his condolences through his Instagram account on Thursday morning, sharing a heartfelt message along with a photo of the late industrialist.
Tata’s contribution to business, society, and philanthropy has been widely acknowledged, and his passing marks the end of an era.
The Board of Control for Cricket in India (BCCI) secretary, Jay Shah, also conveyed his sorrow, stating, “Deeply saddened by the loss of Shri Ratan Tata Ji. His leadership, integrity, and dedication to society set a remarkable standard for legacy. My heartfelt condolences to his loved ones. Rest in peace, Sir.” Shah’s words reflect the collective grief of a nation that has long admired Tata’s contributions to the country.
BCCI’s tribute
Additionally, the BCCI issued a statement about his demise.
“The BCCI expresses its deepest sorrow and joins the nation in mourning the passing of Shri Ratan Tata ji. His invaluable contributions across diverse fields have been instrumental in shaping India’s growth and success story.
His extraordinary legacy, founded on the principles of passion, empathy, visionary leadership, innovation, and excellence, will continue to inspire and guide future generations for years to come,” the statement read.
Ratan Tata, born on December 28, 1937, in Mumbai, embarked on his journey with the Tata Group in 1962 as a young executive. Over the decades, he transformed the group into a global conglomerate. His work was acknowledged with India’s second-highest civilian honour, the Padma Vibhushan, in 2008, and he received numerous accolades, including honorary doctorates from prestigious institutions in India and abroad.
Tata is survived by his family, including brothers and sisters Simone Tata, Jimmy Tata, Noel Tata, Aloo Tata, Shireen Jejeebhoy, Deanne Jejeebhoy, Leah Tata, Maya Tata, Neville Tata, Manasi Tata, Jamset Tata, Tiana Tata, and others, as mentioned in a family statement.
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