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The Union government has outlined strategies to tackle rural unemployment and boost job growth in non-metro cities. The rise of satellite cities like Sri City, Shendra-Bidkin, and Greater Noida is seen as a solution to urban congestion, offering new industrial and residential hubs. Experts emphasize smart planning to ensure these emerging cities foster sustainable growth and balanced regional development.
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The proposal is in its early stages and is one of many under consideration, sources told the BBC.
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Afcons Infrastructure Ltd, a part of the Shapoorji Pallonji Group, is set to launch a Rs 5,430-crore IPO on October 25, featuring both fresh shares and an offer for sale by promoter Goswami Infratech. The proceeds will be used for equipment, working capital, and debt repayment.
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News and Media
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