While presenting the Union Budget 2021-22 in Parliament, the finance minister said poll-bound West Bengal will see highway projects worth Rs 25,000 crore. She also announced that highway projects worth Rs 65,000 crore will be undertaken in Kerala. She also announced an Rs 18,000-crore scheme to augment public transport in urban areas.
'The ruling does not automatically mean that your house can be taken away, but suppose it blocks an expressway or a highway or such essential development, then it can be taken away as long as there is a law to support that action.'
The state has suffered losses of Rs 4,000 crore and the figure is likely to go up as estimates continue to pour in, he said.
Union Minister Nitin Gadkari on Tuesday said if the US-based Tesla is ready to manufacture its electric vehicles in India then there is 'no problem' but the company must not import cars from China. In an interactive session at the Raisina Dialogue, Gadkari further said India is a large market and there is a huge potential for all electric vehicles. "If Elon Musk (Tesla CEO) is ready to manufacture in India then there is no problem ... Come to India, start manufacturing, India is a large market they can export from India," he said. The road transport and highways minister said his request to Musk is to come and manufacture in India.
The 14.15 km tunnel will provide all-weather connectivity to Srinagar, Kargil and Leh.
Gadkari and Singh on Thursday came together to release a book on late Congress leader Ramkrishna More at Pimpri Chinchwad near Pune.
Ten trade unions to go on strike to protest against changes in labour laws
Union Road Transport and Highways Minister Nitin Gadkari on Wednesday pitched for formulating a policy for using the Reserve Bank of India's rising foreign exchange reserves for funding road projects, saying the country needs low cost finance for such infrastructure projects. Addressing a virtual event organised by industry body CII, Gadkari further said that the National Highways Authority of India (NHAI) should also have a financial arm like the power ministry's Power Finance Corporation (PFC). "We have a surplus of dollar reserves in the country. I have decided to talk with the RBI Governor, about how we can formulate a policy by which we can use this foreign exchange reserves for development of infrastructure in the country," he said.
He also said there are leaders who stand firm in their ideology but their number is gradually declining.
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.
Finance Minister Nirmala Sitharaman on Wednesday announced hiking the capital expenditure by 33 per cent to Rs 10 lakh crore for infrastructure development for 2023-24 and will be at 3.3 per cent of the GDP. Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment. "Capital investment outlay is being increased steeply for the third year in a row by 33 per cent to Rs 10 lakh crore, which would be 3.3 per cent of GDP.
'I'm very much against petrol and diesel....'' 'I travel in an electric car.' 'I have had a really good experience with it.'
The monthly Rs 2500 payment for poor women is expected to cost Rs 11,000 crore while the pension scheme of Rs 2000 for every senior citizen will cost around Rs 4100 crore. The Yamuna clean up will cost over Rs 10,000 crore while a similar amount is required to upgrade Delhi's hospitals. Ultimately, the new BJP government will have no choice but to ask the centre for financial support, notes Rashme Sehgal.
V Singh said that "actual farmers are very happy with what has been done in last six months."
Stocks of smallcap and midcap companies, which had caught the fancy of retail investors, also feature in the portfolio of leading politicians in addition to bluechip stocks.
Union Minister Jyotiraditya Scindia on Tuesday pitched for policy guidelines to utilise scrapped vehicles as raw material for steel production, saying there are close to about one crore such vehicles in the country. Scindia, who also holds steel portfolio, said the time is not far away when the country will have to move towards green steel, and therefore, the option of iron ore and coking coal will not be available. Green steel is manufactured without using fossil fuels.
Toll collection at some 65 road projects have already stopped.
The nationwide indefinite strike by truckers demanding stable fuel prices and fewer levies, entered the fourth day on Thursday even as the agitating unions are supposed to meet the road transport minister to resolve the crisis.
A packed beyond capacity bus carrying passengers returning to work after Diwali fell into a deep gorge in Uttarakhand's Almora district on Monday, killing at least 36 of the over 60 people on board.
Most of the buses run by Telangana State Road Transport Organisation are also off the roads
The move, which was approved by the Union home ministry, comes amid a military standoff with China in the eastern Ladakh area.
Five people were killed and about 50 missing following several incidents of cloudburst in Himachal Pradesh where rains washed away many houses, bridges and roads, officials said on Thursday.
The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving widespread use of biofuels in the transportation sector in India. Recently, two Union ministers have emphasised India's biofuel potential, arguing that it has the capacity and potential to lead a transition towards widespread biofuel adoption. Road Transport Minister Nitin Gadkari signalled that this transition is well underway and urged car manufacturers to quickly adapt and introduce new biofuel-run vehicles, lest the government resort to taxing diesel vehicles.
After making landfall near Puducherry on November 30, Cyclone Fengal weakened on Sunday, but torrential downpour under its influence paralysed the union territory, with the Army stepping in to evacuate stranded persons in inundated streets.
The toughest part is to tackle human behaviour. On the Atal Setu, says Indrajit Gupta, I chose to drive at a consistent speed of 80 kmph in the middle lane. Vehicles on the right lane were clipping along at 150 kmph, way over the maximum permissible limit of 100 kmph. On occasion, I had to slow down or dodge vehicles suddenly pulling into the middle lane from the side.
Union minister Nitin Gadkari on Wednesday told Rajya Sabha members that he was the ''father of toll tax" on expressways in the country as he built the first such road in Maharashtra during his stint as the state minister in late 1990s.
Petrol pumps in many cities witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists.
A deadly collision involving a gas tanker and multiple vehicles turned a stretch of the Jaipur-Ajmer highway here into an inferno on Friday morning, killing seven people, injuring more than 35 and engulfing over 30 vehicles in flames as thick black smoke filled the sky.
The minister has sought the help of US technology, expertise and innovation to make road safety a priority in India.
The project holds strategic significance as Zojila Pass is situated at an altitude of 11,578 feet on the Srinagar-Kargil-Leh National Highway and remains closed during winters due to heavy snowfall.
Daily life was partially affected in West Bengal on Wednesday due to a 12-hour shutdown called by the Bharatiya Janata Party, protesting the police action against demonstrators during a march to the state secretariat.
The heritage Darjeeling Himalayan Railways will resume the toy train services from December from Siliguri.
Greater physical, economic and people-to-people connectivity among SAARC nations can foster growth and development in the region, he added.
Diksha Dagar, who is due to take part in the the Olympics next week, has escaped unhurt from a car accident.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
The e-rickshaws that had gone off Delhi roads will now be back soon.
Modi also virtually flagged off a new train between Antagarh in Kanker district and Raipur and kickstarted the distribution of cards of the Centre's Ayushman Bharat scheme to beneficiaries in the state.
According to the government, the additional chief secretary of the state housing department is designated to sign an agreement with the Union government for the land lease transfer.
State Transport Minister R Ashoka said the strike by the Joint Committee of Trade Unions of State Road Transport Undertakings had been withdrawn with immediate effect following the settlement which would impose an additional burden of Rs 250 crore on the four transport corporations over the next four years.
Ministry has set a target to spend Rs 5 lakh crore in road infrastructure