As a new initiative for promoting highway development, the mode of engineering procurement and construction contracts is being brought in, it said.
Both life insurance and medical insurance premiums are subject to an 18 per cent GST rate.
Road Transport Minister Nitin Gadkari said highways sector continues to be a focus area for the government and announcements of multi-modal logistics parks and multi-modal passenger stations will be a game changer.
Mixing humour with political resolve, Chief Minister Omar Abdullah on Friday used the flagging-off ceremony of the first train to Kashmir by Prime Minister Narendra Modi in Katra to subtly but clearly articulate his government's demand for the restoration of statehood to Jammu and Kashmir.
Fast-moving consumer goods (FMCG) distributors' association has written to the finance ministry, highlighting concern over fund utilisation and fund accumulation by quick commerce companies and deep discounting of goods on their platforms. According to a recent letter seen by Business Standard, All India Consumer Products Distributors Federation (AICPDF) noted that its analysis indicated that approximately 80 per cent of these funds were directed toward customer acquisition strategies instead of creating cutting-edge innovations or sustainable growth models for the retail sector.
The projects include six-laning of highway stretches in Rajasthan, Gujarat and Andhra Pradesh, four-laning of highway stretches in Gujarat, Maharashtra and Madhya Pradesh and two-laning with paved shoulders of stretches in Punjab and Rajasthan.
Farmers gathered at several national highways, key roads and some railway tracks in Punjab and Haryana on Friday morning as part of their nationwide protest against the Centre's new agri laws.
The project, to be executed by the Ministry of Road Transport & Highways, would involve double-laning of single-lane highways in eight states in the next three years.
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.
Road Transport Minister Nitin Gadkari on Tuesday said the government will approach the capital market next month to raise funds for four road projects. The money will be raised through Infrastructure Investment Trusts (InvITs), and there will be an investment limit of Rs 10 lakh for retail investors, he added. "We will be approaching the capital market to raise funds for the four road projects... there will be an assured return of 7-8 per cent," Gadkari said while addressing a Ficci event.
The minister for road transport and highways, who was accompanied by Uttarakhand Chief Minister Pushkar Singh Dhami, said the rescue operation is challenging as the soil strata in the Himalayan region is not uniform.
India's electric vehicle (EV) industry hit a new milestone in 2024, with sales surging 26.5 per cent year-on-year to 1.94 million units as of December 29, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH).
Govt not to award BOT projects to private firms this year
'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'
Raut was responding to a reporter's question about opposition parties' claim that Gadkari was targeted through the Comptroller and Auditor General (CAG) report on alleged irregularities in the work done by the National Highway Authority of India (NHAI).
This restoration, according to the officials, is seen as a crucial step towards initiating a healing process, reinstating constitutional rights and safeguarding the unique identity of the region's residents.
The 4.5 kilometre-long Silkyara tunnel project in Uttarakhand, which is part of the central government's strategic 900-km 'Char Dham Yatra All Weather Road', will continue after the necessary safety audit and repair of the broken structure, a senior road ministry official said on Wednesday.
Traffic hurdles for travellers between Delhi and Agra may be a thing of past after the implementation of a proposal to construct a signal-free elevated highway on the route at a cost of Rs 267 crore (Rs 2.67 billion).
The National Highways Authority of India and the road transport and highways ministry are currently engaged in appraisal of the request for qualifications, said a senior ministry official.
Speaking during the Question Hour, the road transport and highways minister said the country has set several world records in road construction despite COVID-19. The construction of Zoji La tunnel on the Srinagar-Leh highway will be completed before 2024, while another Z-Morh tunnel will be completed in the next three months, he added.
Union minister Nitin Gadkari has said if stainless steel had been used for construction of Chhatrapati Shivaji Maharaj's statue at Rajkot fort in Maharashtra's Sindhudurg district, it would not have collapsed.
A new murder case has been filed against Bangladesh's deposed prime minister Sheikh Hasina and 62 others, including ex-ministers of her cabinet, over the death of a fish trader during the quota reform protests in the country, a media report said on Monday.
In the e2W category, which accounts for more than 60 per cent of total EV sales, volumes fell 15 per cent to 118,944 units in November, compared to 139,787 units in the previous month
In an interview with Mihir Mishra and Jyoti Mukul, Nath, who as the commerce and industry minister in the previous United Progressive Alliance government was part of the fire-fighting to minimise impact of the slowdown, says that the current year will be better than the last year.
The move comes in the wake of India raising cap on foreign institutional investors investment by $5 billion in government and corporate bonds each.
The Union Road Transport and Highways Ministry on Wednesday said the states and union territories (UTs) will provide up to 25 per cent rebate on road tax for vehicles that are purchased after scrapping old vehicles under the new National Automobile Scrappage Policy. The ministry in a press note said that in the vehicle scrapping policy, it is proposed to have a system of incentives to nudge vehicle owners to discard old and polluting vehicles. "As an incentive for scrapping, concession is stipulated in the motor vehicle tax for a vehicle registered against submission of Certificate of Deposit, which is issued by a Registered Vehicle Scrapping Facility.
If 2019-20 (FY20) was an unusual year for highway construction in India, with the pace of work slowing down for the first time since the Narendra Modi government assumed power in 2014, largely due to the general elections in May and liquidity crunch, the outbreak of the Covid-19 pandemic in 2020-21 (FY21) only made matters worse with lockdowns and labour unavailability. The pace of highway construction in 2021-22 (FY22) has not been able to bulldoze the pandemic barriers in a year marred by two Covid-19 waves - the second at the start of the fiscal year, the third towards the close. With localised lockdowns and restrictions on mobility, highway construction growth in the country has now fallen to a five-year low.
All tunnels being constructed in Uttarakhand will be reviewed, Chief Minister Pushkar Singh Dhami said on Thursday after drilling began at the Silkyara tunnel with a heavy duty machine to rescue 40 labourers trapped there for four days.
The National Highways Authority of India and the road transport ministry together have constructed 1,314 km of highways in the current financial year till August 31.
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.
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.
The group, which held its first meeting in London on Monday will focus mainly on the construction of major highways and district-level roads. It will comprise major road building contractors from the UK and India.
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.
Union Minister Nitin Gadkari was on Wednesday given the additional charge of portfolios held by Gopinath Munde who died in a road accident in New Delhi.
National highways in remote areas, intermediate and single roads are all set to be two laned, with the government having identified 5,000-km of such roads for upgradation.
The notification issued by the Union Environment Ministry also exempts projects pertaining to the expansion of terminal buildings at airports (without an increase in the existing area of the airport) from seeking green nod.
India expects a big investment of $5 billion (about Rs 22,800 crore) from Canada in the country's road development programme over the next three to four years, road transport and highways minister Kamal Nath has said.
India tops the world with 11% of global deaths in road accidents while we have only 1% of the world's vehicles.
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