Construction of new parliament building begins

15 Jan 2021 Editorial Team

The construction of the new Parliament building under the government's ambitious Central Vista redevelopment plan which received approval earlier this week began today.

As per official sources, the Central Public Works Department (CPWD) asked Tata Projects Ltd to start the new Parliament building's construction work on January 15, considering the auspicious day of Makar Sankranti.

Earlier this week, a 14-member heritage panel gave its approval to the new Parliament building and to the Central Vista redevelopment project.

Last month, PM Narendra Modi had laid the new Rs 971 crore parliament building's foundation stone. The complex is planned to be completed by the 75th anniversary of India's independence in 2022.

The new building will stand in front of the existing Parliament house that was built nearly 94 years ago at a cost of Rs 83 lakh at that time and would eventually be turned into a museum.

Watch:

The building will house larger Rajya Sabha and Lok Sabha Halls, with capacities of 384 seats and 888 seats respectively, to accommodate an expanded Parliament after the freeze on its expansion lifts in 2026. For hosting joint sessions, the Lok Sabha Hall will also have an additional capacity of up to 1,272 seats.

As a part of the plant, provisions in the furniture will be made for digital language interpretation and recording infrastructure to produce real-time metadata, smart displays and biometrics for ease of voting with an intuitive and graphical interface, and programmable microphones that put the control of managing the house with the speaker.

Image Source

The construction of the new Parliament building under the government's ambitious Central Vista redevelopment plan which received approval earlier this week began today. As per official sources, the Central Public Works Department (CPWD) asked Tata Projects Ltd to start the new Parliament building's construction work on January 15, considering the auspicious day of Makar Sankranti.Earlier this week, a 14-member heritage panel gave its approval to the new Parliament building and to the Central Vista redevelopment project.Last month, PM Narendra Modi had laid the new Rs 971 crore parliament building's foundation stone. The complex is planned to be completed by the 75th anniversary of India's independence in 2022. The new building will stand in front of the existing Parliament house that was built nearly 94 years ago at a cost of Rs 83 lakh at that time and would eventually be turned into a museum. Watch: What the new Parliament building is all about The building will house larger Rajya Sabha and Lok Sabha Halls, with capacities of 384 seats and 888 seats respectively, to accommodate an expanded Parliament after the freeze on its expansion lifts in 2026. For hosting joint sessions, the Lok Sabha Hall will also have an additional capacity of up to 1,272 seats. As a part of the plant, provisions in the furniture will be made for digital language interpretation and recording infrastructure to produce real-time metadata, smart displays and biometrics for ease of voting with an intuitive and graphical interface, and programmable microphones that put the control of managing the house with the speaker. Image Source

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..