ministry of road transport and highways
The road transport ministry has established four highly efficient parameters for itself soon after returning from Prime Minister’s Chamber. The minister is planning target rewards for the Projects on National Highways. The present target for the road transport ministry that has been timed for this fiscal succeeds that of 2013-2014 by 2.5 times! The previous [...] Continue Reading »
At a recently-held meeting in New Delhi, the Committee on Public Undertakings – which is a key Parliamentary financial committee – floated the idea of bringing the National Highway Authority of India (NHAI) under its supervision. About the proposal to bring the NHAI under its oversight, the Committee heard out the standpoints of the Ministry [...] Continue Reading »
The government today said it had set a time frame of three years to achieve the target of constructing 30 km of road everyday and steps towards that have been taken with the clearance of projects worth Rs 16,000 crore in the first 100 days of the Narendra Modi-led NDA government at the Centre. Addressing [...] Continue Reading »
With the National Highways Authority of India (NHAI) having prepared a note that seeks the overhaul of the existing model concession agreement, an inter-ministerial committee will be set up by the Ministry of Road Transport and Highways to review the note. Since the model concession agreement – signed between the concessionaire and the government – [...] Continue Reading »
At the recently-held first board meeting of the newly-constituted National Highway and Infrastructure Development (NHIDCL), it has been decided that a major chunk of North-Eastern (N-E) border highway projects will be taken over by the Government. According to the information shared by unidentified official sources, the Government will take over the N-E border highway projects [...] Continue Reading »
A $500-million loan agreement has recently been signed by India with the World Bank. The $500-million loan will be granted to India by the International Bank for Reconstruction and Development division of the World Bank. The grace period of the loan will be 5 years; with a maturity of 18 years. The loan amount will [...] Continue Reading »
The Minister of State for Road Transport, Highways and Shipping, Krishan Pal Gujjar mentioned that if the toll collection as per the concessionary agreement already entered for Delhi-Jaipur Highway is annulled then it can lead to litigation and other complications. Gujjar mentioned in a gathering in Kot Putli in Rajastan on Saturday evening that it does [...] Continue Reading »
The National Democratic Alliance or the NDA might have shown its preference towards the private public partnership mode for the sector of infrastructure, but the highway sector seems to be telling something entirely different. The ministry of road transport and highways would like to see the share of private public partnership mode to be brought [...] Continue Reading »
The new minister of state for road transport & highways and shipping Krishan Pal after taking charge is all set to bring about a change in the transport sector. During the ten years of UPA regime many highway projects were stalled and reviving and expediting those projects and building a sound infrastructure for the nation will [...] Continue Reading »
All the eyes of the Road Transport and Highways Ministry are set on the Narendra Modi led new government. The road transport officials have already been instructed to jot down the hurdles and come up with an action plan to revive these stopped projects worth Rs. 1.5 Lakh crores. National Highways Authority of India (NHAI) has [...] Continue Reading »
