The move, if accepted, will help resolve nearly one-third of the 1,200 cases on payments pending in various courts in the country.
The National Highways Authority of India (NHAI) has been told to work on awarding contracts for around 100 projects, covering 11,151 km, over the financial year starting April 1.
R-Infra quoted Rs 42-crore (Rs 420-million) premium over the bids of rival companies such as GVK Power and Infrastructure Limited, GMR Infrastructure, B Sennaih and C&C, JMC Srei and Sadhbhav, sources told Business Standard.
Dhanajay said it was not just his family but hundreds across the country who questioned CBI's probe into Satyendra's murder.
Uday Chaudhary, one of the three accused in the murder of National Highway Authority of India engineer Satyendra Dubey, escaped on Monday from the Patna civil court premises when he slid his oversized handcuffs off and escaped.
An ambitious plan by the National Highways Authority of India to offer 126 road projects worth around Rs 1 lakh crore this year may face serious hurdles owing to a stiff clause introduced in the new Request for Qualification norms that will eliminate many bidders.
CBI Director Umashanker Mishra visited Gaya to review the situation in view of the FIRs his team is facing in connection with the suicides.
The bench comprising Chief Justice Ravi S Dhavan and Justice Shashank Kumar Singh was hearing a PIL filed by an advocate, M P Gupta, alleging that the future of the Golden Quadrilateral Project was in danger.
Anil Dhirubhai Ambani Group company Reliance Energy Ltd on Thursday announced it has bagged three road projects valued at Rs 2,320 crore (Rs 23.2 billion) from National Highways Authority of India.
The government needs about Rs 3.31 lakh crore (Rs 3.31 trillion) to meet its target of developing 35,000 kms of national highways over the next five years.
Villpuram district in north Tamil Nadu continued to reel under unprecedented flooding on Monday following extremely heavy rainfall, virtually blocking access to villages and residential colonies as bridges and roads overflowed, inundating huge acreage of standing crops and leaving passengers stranded as rail and road traffic was hit.
The charges were framed against Mantu Kumar, Uday Kumar, Pinku Ravidas and Shravan Kumar under sections of Indian penal Code and Arms Act by Additional district and sessions judge J M Sharma.
Indian Railways and the National Highways Authority of India alone would account for over 90 per cent of the total equity investment by the Centre. The government would pump in Rs 14,600 crore in the Railways to part-finance the Plan investment of Rs 39,545 crore. More than half of the investment of Rs 13,646 crore for NHAI would also come from the government equity at Rs 8,578 crore.
Implementation of the ambitious Golden Quadrilateral Road Project in Bihar was being delayed due to interference from local gangsters and contractors.
The National Highways Authority of India engineer had written a letter to the PMO about the corruption in Golden Quadrilateral Project in Bihar.
Armed with permission to issue Rs 10,000 crore (Rs 100 billion) of tax-free bonds in 2011-12, the National Highways Authority of India (NHAI) will issue the first lot worth Rs 2,500 crore by mid-May.
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
Road developers hoping for early relief from the government will have to wait longer.
Babloo Mehtar, Uday Mallah, Mantoo Paswan and Tutoo Paswan were produced before a designated court in Patna, which remanded them to CBI custody, agency sources said.
With the bodies of all the missing workers recovered, the two-day rescue operation ended late on Saturday evening.
According to rickshaw puller Pradeep Kumar, the NHAI engineer's murder was a robbery bid gone awry.
A case has been registered under 120-B (criminal conspiracy), 302 (murder) of the IPC and various provisions of the Arms Act, CBI sources said.
'Like all right-thinking Indians, I am shocked and saddened by the murder of Satyendra Dubey, an upright and dedicated officer working with NHAI,' he said.
While there was a brief respite from the incessant downpour on Tuesday, collaborative efforts from the defence, national, and state disaster response forces took the lead in executing rescue and relief operations.
Capital expenditure (capex) by 54 large central public sector enterprises (CPSEs) and five departmental arms with an annual capex target of Rs 100 crore and above has reached around 42.5 per cent of their annual target of about Rs 7.33 trillion in this financial year so far, a senior official from the Ministry of Finance told Business Standard. "The Centre is pushing the big public undertakings in the infrastructure and refinery sector to achieve 90 per cent of their target by the end of the third quarter," he said. The capex by this group of CPSEs stands at around Rs 3.1 trillion in the April-August period so far.
Prime Minister Narendra Modi on Friday slammed the Aam Aadmi Party as an 'aapda' (disaster) for Delhi, saying this 'aapda' had taken the national capital in its grip in the past 10 years.
Gadkari said that 10 rail over bridges were being taken up under Setu Bharatam.
The delegates from both sides will discusses issues, including connectivity at the Zero Point and the number of pilgrims to be allowed.
The Department of Investment and Public Asset Management (Dipam) has asked ministries, government departments, and public sector undertakings (PSUs) to send a list of assets that can be monetised under the proposed National Monetisation Pipeline. The list will be used for creation of an asset monetisation dashboard, which will keep a track of such assets. The government, meanwhile, has asked CRISIL to prepare a road map for monetising assets of PSUs and government departments.
Once the scheme is implemented 70-80 per cent of the freight would move along national highways as against the current 40 per cent, says Highways Minister Nitin Gadkari.
A 25 per cent year-on-year (Y-o-Y) increase in budget allocation towards the roads sector for FY24 has led to renewed interest among investors. However, a combination of escalating costs for Bharatmala and unseasonal rains to some extent have impacted progress. Bharatmala's cost has nearly doubled from Rs 5.35 trillion to Rs 10.6 trillion and the finance ministry has asked MoRTH to go slow until Cabinet approval is received.
The rain ebbed in some places in north India and pelted down in others on Tuesday, with at least seven more people dead and hundreds stranded as raging waters gushed through villages, towns and fields -- from the desert state of Rajasthan to the hills of Himachal Pradesh.
Snowfall brought cheer to many Kashmiris.
'The prime minister took a meeting recently and he asked for suggestions and ideas for a plan till 2047.'
