Proposal on exit policy being reviewed
Road transport and highways minister Nitin Gadkari on Monday said his ministry was reviewing a proposal to further ease the exit policy for the sector, as demanded by the highway builders’ association and supported strongly by the National Highways Authority of India. The move comes after NHAI chairman RP Singh wrote to Vijay Chhibber, secretary at the ministry of road transport and highways, a week ago, expressing his concern on the lingering uncertainty over a proposal to allow developers to fully exit completed projects.
Gadkari said the Centre wants to sign deals with states to ensure that pending road projects in various states are brought under fast-track implementation. Apart from this, Gadkari who holds the charge of rural development, said the government has sought “consensus” to bring changes in the Land Acquisition Act to make it more investor-friendly but said it was not happening due to “contradictory views” within political parties which are wanting changes in the legislation.
He stated that there is no question of doing any injustice to the poor. Our government is committed to work for the poor. Gadkari added that there is no question of reducing the compensation package for farmers whose land is acquired for projects.
Source: The Financial Express
Land Acquisition Act, Land Acquisition Bill, National Highways Authority of India, Nitin gadkari, Road Transport and Highways department
