NEW DELHI: The Indian Highways Management Company Ltd (IHMCL) is scrutinising responses from Paytm Payments Bank to determine whether it followed customer verification norms when issuing FASTags and decide any potential action against it, people in know of the developments told ET. IHMCL, which operates under the National Highways Authority of India (NHAI), had in […]
Category: Roads
All roads in unauthorised colonies will be made concrete before Assembly elections: Arvind Kejriwal
Before the upcoming Assembly elections, all roads in every unauthorised colony in Delhi will be made concrete, Chief Minister Arvind Kejriwal said on Sunday. He was addressing an event for the foundation-laying ceremony of two new government school buildings in the Kirari Assembly constituency. The chief minister stated that the people in unauthorised colonies have […]
PM Modi unveils projects worth Rs 11,600 cr in Assam
Prime Minister Narendra Modi on Sunday rolled out development projects worth Rs 11,600 crore in Assam. The infrastructure projects, some funded by the state government and some by the Centre, were unveiled at a function at the Veterinary College Playground in Khanapara in Guwahati.
Snowfall disrupts normal life in Himachal, over 500 roads blocked
A fresh spell of snowfall in Himachal Pradesh has led to closure of 518 roads in the state, officials said on Sunday. The orange warning for snowfall across Himachal Pradesh issued by the local weather office on Saturday evening has been changed to yellow warning of thunderstorms, lightning and hail storm with heavy snow at […]
Road ministry aims to construct record 13,813 km of highways in FY24
The Ministry of Road Transport and Highways (MoRTH) aims to create a national record by constructing 13,813 km of highways in the current financial year, its Secretary Anurag Jain said on Friday. Addressing reporters here, Jain said the ministry aims to eliminate less than two-lane national highways by 2027-28.
Interim Budget 2024-25: Road transport and highways get 2.7% boost to Rs 2,78,000 crore allocation
The 2.7% hike in budgetary allocation for road transport and highways, though miniscule, comes on a high base and will be committed towards ongoing projects while the fresh developments will come in from the private sector as envisaged by the government, says expert.
Higher outlay for roads to push ongoing projects; pvt funds to pave a new path
The 2.7% hike in the budgetary allocation for road transport and highways, though small, comes on a high base and will be committed towards ongoing projects, while the fresh developments will come in from the private sector as envisaged by the government, say experts.
Budget 2024: Madam Finance Minister, amplify your investments
During Union budget for FY24, Hon’ble Finance Minister increased the allocation for infrastructure to Rs 10 lakh crores. This was not only a continuation of increase in absolute amount year on year, but also as its share in GDP to 3.4%. Hon’ble Finance Minister also offered 50 years interest free loan to the States to […]
Geological Survey of India to provide geotechnical consultancy for road projects
The National Highways Authority of India has entered into an memorandum of understanding with the Geological Survey of India (GSI) to provide services to NHAI for site specific geotechnical consultancy and assist in vetting of the detailed project reports (DPRs) from geotechnical point of view.
Budget 2024: Need for Infra Push 2.0 to make India’s roads & railways one of world’s best
Budget expectations: India has made significant strides in improving its infrastructure capacity in recent years. A large part of this has been primarily government funded. The upcoming budget could most likely be void of any big bang announcements – expected of a typical interim budget – but in spirit the push towards infrastructure could continue.
Last date to update FASTag KYC today: Is your FASTag KYC incomplete? Check here
Aiming to deter users from using a single FASTag for numerous cars or tying many FASTags to a single vehicle, the National Highways Authority of India (NHAI) launched the “One Vehicle, One FASTag” programme to improve the effectiveness of the Electronic Toll Collection system and facilitate smooth flow at the Toll Plazas. When will your […]
SBI to down-sell half of ₹11,000 crore loan to Adani’s Ganga Expressway project
More than a year after disbursing loans to Adani Group’s Ganga Expressway project, State Bank of India (SBI) is in the process of downselling half of the nearly ₹11,000-crore loan exposure to the longest tolled road-project in the country.