Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Prime Minister Narendra Modi inaugurated and laid the foundation stone of multiple development projects worth about ₹17,300 crore at Thoothukudi in Tamil Nadu at 9.45 am, before flying to Maharashtra today, February 28. In Tamil Nadu, he laid the foundation stone of the Outer Harbor Container Terminal at V.O.Chidambaranar Port and launch India's first indigenous green hydrogen fuel cell inland waterway vessel under the Harit Nauka initiative.
He also dedicated tourist facilities in 75 lighthouses across ten states and union territories. During his visit, PM Modi will dedicate rail projects for doubling the Vanchi Maniyachchi - Nagercoil rail line, developed for ₹1,477 crore, and dedicate four road projects in Tamil Nadu, developed at a total cost of about ₹4,586 crore.
In Maharashtra, PM Modi will inaugurate and dedicate to the nation various development projects during a public program to be held in Maharashtra's Yavatmal district on Wednesday. The programme will be held at Bhari on the outskirts of Yavatmal city around 4.30 pm today. At the event, the prime minister will release benefits under the PM KISAN and other schemes. He will also inaugurate the statue of Pandit Deendayal Upadhyaya in Yavatmal city. PM Modi will release the 16th installment amount of more than ₹21,000 crore under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) through direct benefits transfer to beneficiaries. With this release, an amount of more than ₹3 lakh crore will be transferred to more than 11 crore farmers' families.
Prime Minister Modi also will disburse ₹825 crore of Revolving Fund to 5.5 lakh women Self Help Groups (SHGs) across Maharashtra. PM Modi will also inaugurate multiple rail projects of more than ₹1,300 crore in Maharashtra. They include the Wardha-Kalamb broad gauge line (part of the Wardha-Yavatmal-Nanded new broad gauge line project) and the New Ashti-Amalner broad gauge line (part of the Ahmednagar-Beed-Parli new broad gauge line project). The new broad gauge lines will improve connectivity of the Vidarbha and Marathwada regions and boost socio-economic development. The PM will also virtually flag off two train services during the programme.
Also Read : Ukraine’s Flat Steel Export Drop May Open Opportunities for Indian Steelmakers BMW Industries partners with Steel Ministry to boost specialty steel production.
The inaugural edition of the International Conference of Petroleum and Natural Gas Regulators was he...
Press Releases 14-Feb-2024
Steel pipes and tubes manufacturer Vibhor Steel Tubes has collected nearly ₹22 crore from anchor inv...
Business 13-Feb-2024
Domestic steel prices in India have increased by ₹2,000–₹3,000 per metric ton (MT) due to stro...
Business 20-Mar-2025
Oil prices are witnessing an upward drift as attention shifts towards the Middle East. This shift is...
Raw Material 13-Feb-2024
India's JSW Steel Limited recorded consolidated crude steel production of 6.35 million metric tonnes...
Large Corporate 11-Jul-2024
Tariff Talks Weigh on Cleveland-Cliffs as U.S. and Mexico Near Steel Deal Shares of Cleveland-Cliff...
USA 12-Jun-2025