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Road ministry explores financing options

Road ministry seeks to excise duty exemption for cement so that roads can be built

Road ministry seeks to excise duty exemption for cement so that roads can be built
For the establishment of buildings and concrete roads, the road transport and highway ministry has been working hard to excise exemption of duty for cement. It was quite recently that this proposal came up. It happened right after the current Modi government planned to establish more highways using cement rather than option for bitumen roads. [...] Continue Reading »

Road ministry explores financing options for Delhi-Jaipur Expressway

Road ministry explores financing options for Delhi-Jaipur Expressway
After the new land acquisition law came into force, the Road Transport and Highways (RTH) Ministry is looking for options like real estate development along the Delhi-Jaipur Expressway to finance it as land cost alone has trebled. After the new law came into force the land cost has trebled, the cost of ~11,750 project that [...] Continue Reading »



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