Road projects covering 10,000 km to be awarded this fiscal: FM Jaitley
Road projects covering 10,000 km to be awarded this fiscal: FM Jaitley

After simplifying procedures for building highways, the government plans to award a total of 10,000 km of road projects by the end of current fiscal, Finance Minister Arun Jaitley said Thursday.

 

Indian ports to make Rs 6,000 crore profit by 2016: Gadkari

Union Minister for Shipping, Road Transport and Highways Nitin Gadkari on Saturday said the profitability of the Indian port sector by the end of current year will reach around Rs 6,000 crore.

New road revival scheme unlikely to cut ice with banks, firms
New road revival scheme unlikely to cut ice with banks, firms

Developers and lenders to languishing national highway projects, for which the government has announced financial assistance, may not accept the proposal on the claim of the National Highway Authority (NHAI) on toll receivables, says a report.

'Banks over-financed road projects, now crying foul'
'Banks over-financed road projects, now crying foul'

As the roads and highways sector grapples with a massive problem of funds going bad, the role of banks have come under scrutiny for "happily over-financing" a large number of projects without necessary due diligence and thus creating a 'scam-like' situation.

Coming soon! New Expressway  from Delhi to Agra
Coming soon! New Expressway from Delhi to Agra

The new Delhi-Agra Expressway will be 200 kilometre long. The government will also build six new highways in the country.

Highways get maximum allocation in PM's Bihar package

The government on Tuesday gave out detail of the Rs.1.25 lakh crore package for Bihar announced by Prime Minister Narendra Modi, with the largest chunk of Rs.54,713 crore going to highways.

Govt to soon start work on 10 express highways: Nitin Gadkari

"We will soon build ten express highways on the pattern of Mumbai-Pune Express Highway. These include Nagpur-Mumbai, Bangalore-Chennai, Baroda-Mumbai, Katra-Amritsar and Ludhiana-Delhi," Road Transport and Highways Minister Gadkari told PTI.

Centre aims to build 30 km NH every day: Nitin Gadkari

He said his ministry had already set a target to spend Rs 5 lakh crore in road infrastructure and Rs one lakh crore in inland water projects within five years.

PM Modi reviews performance of national highways programme

Finance Minister Arun Jaitley and Road Transport and Highways Minister Nitin Gadkari were also present at the meeting, an official statement said on Thursday.

NHAI invites applications from developers for fund infusion

The government last month allowed the National Highways Authority of India (NHAI) to provide funds to projects that are in advanced stages of completion but are stuck due to equity crunch.

FinMin nod for tax-free bonds by Railways, highways

Finance Minister Arun Jaitley Wednesday said the proposal to allow railways and highways to issue tax-free bonds has been cleared, and the government is committed to pushing the land acquisition bill to promote growth and generate jobs.

Land delays hit road projects; 31,000 hectares acquired in 3 years

Delays in acquisition of land for construction of highways has hit projects even as government has acquired over 31,000 hectares for building roads in the last three years, Parliament was informed Thursday.

Highways construction delays due to land acquisition: Govt

 Delays in construction of some national highways have been mainly due to land acquisition, environment and contractual issues, Parliament was informed on Thursday.

New land acquisition law to benefit more farmers: Govt

Government on Monday sought to allay apprehensions on the Land Acquisition ordinance saying even farmers whose land was acquired for critical projects like atomic energy, petroleum and highways will also get compensation.

Govt eases green norms for linear projects in border states

To expedite construction of linear projects like highways in border states, the Environment Ministry has dropped the provision of "public hearing" before considering green clearances to such works.

Rs 10 lakh cr investment in highways, shipping by 2019: Nitin Gadkari
Rs 10 lakh cr investment in highways, shipping by 2019: Nitin Gadkari

Unveiling plans for Rs 10 lakh crore investment in highways and shipping sectors by 2019, Union Minister Nitin Gadkari on Sunday said the face of India's basic infrastructure will be changed in five years.

Bill for converting 101 rivers into waterways in next session

Government is likely to bring in a bill that seeks to convert 101 rivers across the country into waterways in the upcoming session of Parliament, Transport Minister Nitin Gadkari said on Monday.

SC not for liquor vends on highways

The Supreme Court Monday asked all the stake-holders to sit and decided on a "reasonable policy" on the location of liquor shops along the national and the state highways as it said that it did not favour people drinking travelling long distances.

Guyana awaits $60M from India to buy ferry, build highway

Guyana's president says India has pledged USD 60 million to help the South American country buy a large ferry and build a four-lane highway.

Thick fog closes highways, airports in East China

A heavy fog on Saturday shrouded many parts of east China's Shandong province, closing highways, delaying flights and throwing normal life out of gear.