road transport and highways ministry
The Road Transport and Highways Ministry has taken a slew of steps, including making projects of Rs 50,000 crore ready for award, clearing Rs 1.5 lakh crore projects and setting a target to build 30 km of roads a day, for turning around the sector, Minister Nitin Gadkari said. Drafting new Motor Vehicles Bill is [...] Continue Reading »
Ahead of China President Xi Jinping’s visit to the country, Beijing is showing a renewed interest in India infrastructure sectors, especially in winning road-building contracts. Sources said many Chinese teams have met road transport and highways ministry officials in recent weeks and have conveyed their interest in India’s large road projects, including those in which [...] Continue Reading »
With several highway projects failing to find any takers in India, the Union Government is hopeful that the stuck highway projects in the country will probably be rescued by international infrastructure firms, especially those based in China and Malaysia. Towards that end, India’s Road Transport and Highways Ministry – which is headed by Nitin Gadkari [...] Continue Reading »
Before the announcement of the assembly election dates in Maharashtra, Prime Minister Narendra Modi will apparently make at least two visits to the state, for launching of infrastructure projects. According to the details shared by unidentified sources aware of the PM’s Maharashtra visits, PM’s first visit – most likely scheduled for next week – will [...] Continue Reading »
This new budget from the new government will have quite a few demands from various ministries. The Road Transport and Highways Ministry has sought Rs.30,000-35,000 crore from the Finance Ministry as Budgetary support to implement various roadways projects. In 2013-2014 the Road Transport ministry had received Rs.22,890 crore as gross budgetary support (GBS). There are [...] 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 »
Among several infrastructure sectors – from road, to railway and power, there is a growing screech against the provisions of a new land acquisition law fearing a three-fold jump in acquisition cost due to the new legislation. The road transport and highways ministry has asked government to increase budgetary allocation for land acquisition, whereas the [...] 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 »
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 »
Government has announced the construction of a six lane expressway from Delhi to Ludhiana with an estimated budget of Rs 20,000 crore. The three states – Delhi, Punjab and Haryana approved the construction of 357 km road structure for the expressway. The route map will be finalised by the next month as claimed by the Road [...] Continue Reading »
