ministry of road transport and highways
The biggest obstruction on the road to successful development of highway projects is the acquisition of land. According to the top official of the Ministry of Road Transport and Highways, the government coming to power should make this issue their top priority in order to deal with it the right way. The infrastructure projects are [...] Continue Reading »
The ministry of road transport and highways has started an exercise to estimate their revenue from toll collection to see if the government can build more roads with the help of its own resource. The PPP projects have been suffering of late and private players have been complaining of the low growth in the toll [...] Continue Reading »
Investments and waning investor interest, both award and construction of centrally-assisted roads including national highways has faced a big dropdown and due to this their targets have been lagged by a massive margin in 2013-2014. As per the ministry of road transport and highways (MoRTH) information, at January-end this economical, building of these roads stood [...] Continue Reading »
Finance Minister, Mr. P. Chidambaram in his budget speech on Monday said that there had been a whopping over seven-fold increase at 3.89 lakh kilometers in the road network in the country during the UPA-I and UPA-II regime. He said, “In the year 2004, the country’s highway network was 51,511 km which has now reached [...] Continue Reading »
The Ministry of Road Transport and Highways (MoRTH) has come up with revised toll charges for four/six-laning expressways. The center has suggested that the investment will be rationalized its existing tolling norms across the 35,000-km stretch of National Highways. The road ministry has vocally confirmed that the affair of permitting road companies to collect toll [...] Continue Reading »
Finance Minister P Chidambaram has announced setting up of a regulator for roads in the new Union Budget is a blessing in disguise for the Indian highway sector. According to experts, now the highway sector will have a regulator to resolve the issues. Many disputes have gone to the court due to the absence of [...] Continue Reading »
Despite Indian roads being built and repaired everyday, they still consist of potholes and pits. They have a long history of seldom lasting and disappearing. The key reason for this is that the Indian government still follows the age old technique without any long term success rate. The Ministry of Road Transport and Highways has [...] Continue Reading »
New Delhi- Delhi-Gurgaon expressway project is likely to be taken over by IDFC Limited, formerly Infrastructure Development Finance Company Limited, from the current developer DSC. Though the deal is still busy with negotiations, IDFC is believed to buy out the project completely, said sources. The National Highways Authority of India (NHAI) and IDFC are likely [...] Continue Reading »
