'... that it once again shies away from renewing its commitment to strategic divestment,' points out A K Bhattacharya.
Road transport and highways minister Kamal Nath had said earlier this month after a meeting of an empowered group of ministers that the government wanted to borrow $2 billion.
There were no potholes on the road where cricketer Rishabh Pant's car met with a near-fatal accident, a National Highways Authority of India official said on Monday.
The year also saw the government allowing company bidding for a road project to hold up to 25 per cent stake in a firm bidding for another project from 5 per cent earlier.
The authorities also declared unsafe a mosque and a religious school for girls at Nai Basti village in Thathri, 35 kilometres from Doda town along the Kishtwar-Batote National Highway.
Switching off the engine affects the vehicle's braking ability and this possibly resulted in the truck hitting other vehicles on the bridge slope on Sunday, as per a probe conducted into the accident by the Regional Transport Office (RTO), he said.
Government officials believe that central bridge projects perform better than state projects due to stricter checks and balances.
World Bank customarily withdraws fund for a project that has not been built in seven years.
'Probably revised guidelines will come, and then the real picture will emerge.'
China plans to build a new highway along the Line of Actual Control (LAC) with India as part of Beijing's efforts to strengthen its strategic position and project its power, a media report said on Wednesday.
A few weeks ago, when Road Transport & Highways Minister Nitin Gadkari launched an electronic toll-collection system on the Delhi-Mumbai highway, television channels reported live from toll plazas showing vehicles with radio frequency identification (RFID) tags in dedicated lanes that did not have to stop for paying cash.
The company on Monday said, in a communication to the stock exchanges, that it had terminated an agreement it had with the National Highways Authority of India.
"Three projects under the GQ are still to be awarded. The National Highways Authority of India plans awarding the same under the National Highways Development Project phase V," highways regulator sources said. The GQl that falls under NHDP phase I aims to provide direct connectivity between the four metros. Road and Highways Minister T R Baalu said, "Out of 5,846 km of the GQ, 5,713 km has been completed and balance 133 is under implementation."
The Centre's ambitious Rs 6-trillion National Monetisation Pipeline (NMP) could fall short of yearly targets for the current fiscal year (FY22) and the next one as well (FY23), partly due to the long gestation period in monetising big-ticket railway infrastructure, Business Standard has learnt from sources in the finance and rail ministries. Officials say the major chunk of railway monetisation will happen from FY24 onwards because leasing some of the infrastructure, like stadiums and dedicated freight corridor, will not happen anytime soon. Rail infra is expected to be the second-biggest contributor to the NMP, with about Rs 1.52 trillion worth of assets to be monetised.
Will be given choice of govt and privately funded modes to put highway projects that didn't get bids under PPP model.
23% increase for Highways: The allocation during the current year to the National Highways Authority of India (NHAI) for the National Highways Development Programme (NHDP) has been stepped up by 23 per cent over the 2008-09 (BE).
The highway authority's annual toll earning for 2009-10 was in the range of Rs 1,700 crore (Rs 17 billion) from 141 public-funded toll plazas in the country.
For the current financial year, NHAI will receive Rs 8,500 crore (Rs 85 billion) as its share of road cess and its annuity payments are in the same range.
The thrust will be on improving connectivity in economic corridors and remote and border areas with a view to hike trade and enable faster movement of cargo.
Addressing reporters at his residence soon after the meeting ended, Chowdhury said six names came up before the panel for the selection of the two ECs and the names of Sandhu and Kumar were finalised by a majority of members of the high-powered panel.
At least 27 Indian pilgrims, all from Maharashtra, who arrived in Nepal for a 10-day tour were killed and 16 others injured after their bus veered off the highway and fell into a fast-flowing river in central Nepal on Friday.
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.
World Bank is expected to extend $2.5 billion loans to India this fiscal, which is lower than the targeted $3 billion annually during 2004-07.
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.
The corridor will connect the Dera Baba Nanak shrine in India's Punjab with Darbar Sahib at Kartarpur, just about 4 km from the international border, located at Narowal district of Pakistan's Punjab province.
After twice revising its deadline from the original December 2004 to the latest December 2006, the National Highway Authority of India (NHAI) officials say that till date it is only 94.4 per cent complete.
The agitating farmers had earlier said they would picket toll plazas to press their demand for a repeal of the three new laws, which were voted through in Parliament in September amid strong protests by opposition parties.
The avalanche hit the BRO camp between Mana and Badrinath between 5:30 am and 6 am on Friday, burying the workers inside eight containers and a shed, according to the Army.
NHAI to pull plug on Rs 3,000-crore ventures for poor show
'The scheme excludes tractors, light commercial vehicles, and medium and heavy commercial vehicles.'
NHAI has already initiated process to handle such emergency situation and also taking all possible measures to avoid such incidents in future, an official statement said on Sunday.
The sector hit many roadblocks during 2014, as builders were seen shying away from the projects and investments dried up amid various regulatory, judicial and policy-related bottlenecks.
MCA is a legal contract, which prescribes the terms and conditions for executing a road project.
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 finance ministry has endorsed the views of Gajendra Haldea, infrastructure advisor to the deputy chairman of the Planning Commission, who had objected to recent changes in bidding norms by the National Highways Authority of India.
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