To attract foreign investors to bid for road projects in the country, road transport and highways minister Kamal Nath said on Sunday the government would award the first mega highways project in two months.
Besides projects under the NHAI, the government earmarks funds for constructing roads, undertaken by various state government agencies and municipal corporations. Nath will be seeking Rs 6,000 crore (Rs 60 billion) for this.
The Union Road Transport and Highways Ministry proposes to build a huge network of expressways by 2022, also the final year of the Thirteenth Five-Year Plan.The ministry plans to build expressways in 3 phases -- by 2012, 2017 and 2022 -- and, accordingly, it has prepared a draft report for a network of the proposed 17,661-km of stretches.The report has suggested the government set up the proposed expressways on both an annuity and a public-private partnership (PPP) basis.
The 52-year-old officer had allegedly attempted suicide at his Malabar Hill residence by setting self on fire on September 15
The fDi Personality of the Year awards recognise the political and business leaders around the world who have been the most proactive, dynamic and innovative in securing foreign investment and improving the business environments of their jurisdictions.
At the Ghazipur border, they huddled close together, only some with masks -- aware of the coronavirus threat that had led to an unprecedented 21-day lockdown of the country and taken away their jobs, but helpless to do anything about combating the infection.
It is only for retail trading of goods that sourcing conditions are mandated. Such norms are not applicable to manufacturers as goods are produced in India, the government said.
Allaying apprehensions of a food crisis in view of poor monsoon, minister of road transport and highways Kamal Nath said on Friday the country has enough foodgrain reserves to tackle even the worst monsoon situation.
Projects would be bid out shortly while work on them would start after acquisition of 90 per cent land
The youth have to turn into entrepreneurs if India's massive demographic dividend is to be taken advantage of: Smriti Irani.
The ministry is seeking a $2.96-billion World Bank funding for double-laning of 6,300 km of single-lane highways, out of a total of about 19,000 km single-lane highways in the country.
Union Road Transport & Highways Minister Oscar Fernandes said his ministry has decided to take up and fast track few expressway projects for the benefit of the industry.
Will this announcement have any material impact on the stock price when the markets open for trade on Monday, April 18 at 9.15 am?
The government planned to build 12,000 kilometres of roads, including highways, at an estimated cost of Rs 1,00,000 crore (Rs 1 trillion) in the current financial year, Union Road Transport and Highways Minister Kamal Nath said.
"Land acquisition is the biggest issue. Now contracts will be awarded if 80 per cent of the land is acquired and is in possession of National Highway Authority of India," minister for road transport and highways Kamal Nath said during the Question Hour in the Lok Sabha. On members' complaints regarding 'very high' toll rates in public-private partnership projects, the minister defended the existing rates and said reduced toll would mean less roads.
Railway Minister Lalu Prasad on Friday left freight rates unchanged in his interim budget to keep traffic from shifting to road transport that has become cheaper following cut in diesel prices.
Our country needs massive investment in access of Rs 50 lakh crore in infrastructure to increase growth of GDP and integrate the nation with a network of roads, airports, railways, inland water and to provide good quality services to the people: FM
The government will invite bids by this year-end for three mega projects worth around Rs 14,500 crore (Rs 145 billion) in the road sector, Road Transport and Highways Minister Kamal Nath said on Friday. Earlier, he had said that 20 km of roads will be built in a day in the next two years amounting to an investment of Rs 2,00,000 crore (Rs 2,000 billion).
NHAI chairman Brajeshwar Singh said the highways authority would recruit 400 people in the next 12-18 months to deal with the manpower shortage faced by it.
The government on Saturday notified refund of tax paid by exporters on three additional services of general insurance, technical testing and analysis, and inspection and certification -- a move that will provide much- needed respite to businesses hit by an appreciating rupee.
The kits for converting regular two-wheelers to those for the physically challenged will be sold only by select manufacturers who will need prior approval from the government after testing for brakes and the ability to handle gradation. Only workshops approved for fitment of the kits can make the changes to the vehicle. The approval, according to this notification, will be based on competence, availability of necessary equipment, experience in the relevant field and manpower.
The affected trains include Falaknuma, Palnadu, Amaravati Express and Macherla-Bhimavaram Passenger.
The Standing Committee on Emission Regulation - under the Ministry of Shipping, Road Transport & Highways - today approved addition of hydrogen to CNG (compressed natural gas) for use in vehicles. The proposal is to use CNG with 20 per cent hydrogen content.
In this COVID-19 phase, the BJP leveraged its pre-eminence again to tip the power scales in its favour and relegate its allies in the National Democratic Alliance to a lesser position. Radhika Ramaseshan reports.
In the wake of Mumbai attacks by terrorists who came by the sea route, the Centre on Friday decided to authorise the Coast Guard to check all the "suspicious merchant vessels" prior to entry at the country's ports.
The migrants said that they prefer trucks and tempos to go back to their native places as the trucks drop them close to their villages, while buses drop them only till the state border, from where they have to find another mode of transport to reach home.
With increasing number of road accidents involving vehicles driven by under-age boys, Union Minister Renuka Chowdhary on Tuesday said that parents of such children should face the music."The children are not at fault. The parents should be responsible enough not to allow an under-age child to drive. This is the reason they are not allowed to vote and drink. Father's license should be taken back and then only there will be a check (on such incidents)," she added.
The chief minister also put forth the demand to stop hydrocarbon extraction project in Neduvasal in Pudukkottai district that has attracted large-scale protests recently.
Union Minister for Shipping, Road Transport and Highways TR Baalu has said the new toll policy has been finalised by the government, while the toll rules are under formulation.
The I&M programme will entail a nationwide comprehensive programme to test and certify, at frequent intervals, a vehicle's 'road worthiness'. The programme gains importance as more than 100,000 people die each year from road accidents in the country, roughly 10 per cent of the world total.
Another tragedy struck on the Amarnath pilgrims on Sunday when a bus on its way to Pahalgam fell into a deep gorge.
However police said they were investigating the reason behind his suicide.
Rao said his pro-Telangana utterances had nothing to do with his present appointment and claimed that his focus would now be to ensure that the RTC functioned as a viable public sector undertaking.
The issue of alleged misuse of office by Shipping and Road Transport Minister T R Baalu rocked proceedings in both Houses of Parliament on Monday.
Twelve passengers were killed and 39 others injured when a Himachal Road Transport Corporation bus plunged into a deep gorge near Jogindernagar in Mandi district late on Saturday night.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
An employee of Hindustan Aeronautics Limited was killed in stone-pelting, allegedly by Maharashtra Navanirman Sena activists, who were protesting the arrest of their party chief Raj Thackeray in Nahsik today. The victim, who was returning home from Ojhar, died after he was hit by stones on the company bus near Adgaon, police said.
The 24-hour bandh called by the Forward Bloc on Wednesday affected normal life in the state with rail and road transport disrupted even as police arrested 166 bandh supporters for putting up road blockades in many areas.
The use of beacon light, which is seen as a status symbol, is till now restricted to a select category of people from politics, judiciary, executive and legislature.
The April 11 polling will decide the fate of several political bigwigs.
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