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NHAI reforms: Highways refinancing potential up 10 times to over Rs 1 lakh cr; dip in high-risk road projects
Fp Staff •New highway projects due to major reforms by NHAI are seeing significantly shorter timelines for right-of-way and approvals.
As many as 403 road projects initiated during UPA rule are pending: Gadkari tells Lok Sabha
•As many as 403 road projects totalling Rs 3.85 lakh crore initiated during the UPA rule are pending, Nitin Gadkari told the Lok Sabha.
India records 10-year low in public-private investments: World Bank
•India recorded a 10-year low in investments in public-private sector in the year 2015, adding to contraction that pulled down the global investment to below its five-year average of $124.1 billion, the World Bank has said.
Transport min Gadkari says over Rs 50k cr of road projects earmarked for Rajasthan
Fp Archives •Gadkari said the country's first 'Highway Village' (known as Waste and Amenities Highway Village) would be set up in Chittorgarh which would provide jobs to 300 youths
Economic revival: With 7,500 km road projects turning risky, govt's task just got tougher
Dinesh Unnikrishnan123 •The fact remains that the sector desperately needs investments and at this stage, the ability of the banking sector to fund these projects in a big way is limited.
Centre to clear Rs 771 cr worth road projects for Uttarakhand
Fp Archives •The maximum number of 27 road projects will be taken up in Tehri, followed by 24 in Dehradun, 21 each in Chamoli and Pauri and 18 in Haridwar.
North East lags behind in road projects, PM to review status
Fp Archives •The meeting assumes significance as the progress of projects in the region has been sluggish
GMR-NHAI row: It's not about clearances but greed
Chadha •While the cancellation of India's first mega project led to a blamegame between NHAI and the Ministry of Environment and Forests (MOEF), overbidding for PPP projects where the contractor overcommits annuity payments to the government may be the real reason for the pullout.
Banks not willing to fund road projects: Gadkari
Fp Archives •Gadkari also said government will make all out efforts to overcome hurdles in speedy completion of various highway projects in the country with active cooperation of state governments.
Centre approves 881 road projects under PMGSY in Odisha
Fp Archives •The ministry had sanctioned Rs 2,445.75 crore for construction of roads measuring 5,189 km during 2012-13 and Rs 1,067 crore for construction of 1,184 km of roads in 2013-14.