Stepping up capex in Budget will boost logistics, connectivity: IRF

The International Road Federation (IRF) on Thursday welcomed the increased allocation of Rs 10 lakh crore as capital expenditure in Union Budget, saying it will help boost logistics and connectivity across the nation. IRF in a statement also welcomed the thrust of the Budget on seven growth engines of PM GatiShakti, including roads, railways, airports, […]

Budget 2023: Govt increases allocation to NHAI to Rs 1.62 trillion for FY24

With the government betting big on infrastructure, finance minister Nirmala Sitharaman on Wednesday increased allocation to state-owned National Highways Authority of India (NHAI) to Rs 1.62 lakh crore for 2023-24 from last year’s revised allocation of Rs 1.42 lakh crore. The Union Budget 2023-24 has allocated an enhanced outlay of Rs 2.70 lakh crore for […]

Major slide hampers movement of vehicles on Jammu-Srinagar national highway

The Ramban administration on Wednesday advised commuters plying on the Jammu-Srinagar national highway to follow a traffic advisory after shooting stones blocked both sides of the road. “A major slide has occurred near Rampadi, Banihal, on National Highway-44. People are advised to follow the @Traffic_hqrs advisory,” Ramban Deputy Commissioner Mussarat Zia tweeted. Big boulders of […]

Public-private synergy set to boost climate-resilient infra: Eco Survey

In the Economic Survey on Tuesday, the Centre has said that a synergy between public and private sectors is essential for India to give a fillip to its climate resilient infrastructure. “As India has already submitted its long-term low-emission Development Strategy at COP27, the next leap would be towards advanced infrastructure. It is more energy […]

J-K highway closed for 2nd consecutive day due to landslide in Ramban

The Jammu-Srinagar National Highway was closed for traffic for the second consecutive on Tuesday due to a landslide in Ramban district, leaving more than 600 vehicles stranded on the road. The 270-kilometre-long highway, the only all-weather road linking Kashmir with the rest of the country, was blocked by mudslides and shooting stones between Chanderkote and […]

Prez Murmu lauds govt’s steps to deal with infra development challenges

President Droupadi Murmu on Tuesday said the government has taken concrete steps and has prepared the PM Gati-Shakti National Master Plan to deal with infrastructure development challenges. The states and Union Territories have also shown enthusiasm regarding the PM Gati-Shakti National Master Plan and this will expand multi-modal connectivity in the country, she said. “Over […]

PM to inaugurate Sohna-Dausa stretch of Delhi-Mumbai Expressway on Feb 12

Prime Minister Narendra Modi will inaugurate the Sohna-Dausa stretch of the Delhi Mumbai Expressway on February 12, Union Minister of Road Transport and Highways Nitin Gadkari informed. The Delhi-Mumbai Expressway was earlier scheduled to be inaugurated on February 4. “Change in the date. Now Hon’ble PM Shri @narendramodi Ji will inaugurate the Sohna-Dausa stretch of […]

Budget 2023 to increase capex for infra projects for growth: Experts

Union Budget 2023 will increase capital expenditure for infrastructure by 25-30 per cent as it spends on highways, railways, and digital infrastructure, experts have said. The government’s infrastructure focus will continue, as such spending has a multiplier effect on overall economic growth. FY24 budgetary allocation for roads and highways is likely to increase by 12-15 […]

AAP govt’s project to transform 1,400-km Delhi roads to kick off from Apr 1

Repairing broken pavements, central verges and manholes, resurfacing roads and sprinkling of water on them on a daily basis — these are some of initiatives that will be undertaken as part of the Delhi government’s mega project to transform the city roads that will kick off from April 1. Addressing a press conference, Chief Minister […]