Union minister Nitin Gadkari on Tuesday said the national highways network in Madhya Pradesh will be equivalent to that of the US by the end of 2024. Gadkari also said the Road Transport and Highways ministry is exploring the field of ropeway and cable cars, and 27 ropeways will come up in MP.
Category: Roads
Will share infra planning tool PM GatiShakti with neighbouring countries: DPIIT Secretary
India will share the PM GatiShakti initiative with some of the neighbouring countries free of cost as the infrastructure planning tool is helping in effective planning and implementation of projects, a top government official said on Tuesday. The initiative was launched to develop an integrated infrastructure to reduce logistics costs.
IRB Infrastructure Trust wins Rs 1,720 crore arbitration award
Yedeshi Aurangabad Tollway Ltd (YATL), a special purpose vehicle of IRB Infrastructure Trust, has won an arbitration award of Rs 1,720 crore for a highway project, a statement said on Sunday. The YATL had initiated arbitration proceedings against the National Highways Authority of India (NHAI) after the authority disputed the company’s claim for the extension […]
As many as 431 infrastructure projects show cost overrun of Rs 4.82 lakh crore in December
As many as 431 infrastructure projects, each entailing an investment of Rs 150 crore or more, were hit by cost overrun of more than Rs 4.82 lakh crore in December 2023, an official report stated. According to the Ministry of Statistics and Programme Implementation (MoSPI), which monitors infrastructure projects worth Rs 150 crore and above, […]
View: India urbanisation critical for getting developed tag
India is urbanising rapidly. By 2036, its towns and cities will be home to 600 million people, or 40 % of the population, up from 31 % in 2011, with urban areas contributing almost 70 % to GDP. How well India manages this urban transformation will play a critical role in realizing its ambition of […]
PM GatiShakti spurs planning, implementation of Ayodhya bypass project: Commerce ministry
The 67.57-Km Ayodhya bypass project in Uttar Pradesh was planned and implemented under the PM GatiShakti initiative, the commerce and industry ministry said on Friday. It said that the project would facilitate uninterrupted freight flows and decongest Ayodhya. It “will cover key districts such as Lucknow, Basti, and Gonda. This project will facilitate improvement in […]
Budget 2024: Higher capex for infrastructure likely with green focus
The upcoming interim budget is likely to see higher capital expenditure on infrastructure, in line with the past three years, with a focus on green investment to meet the demand for earlier committed projects, and give a push to growth, create jobs, attract private investments and offset the impact of global uncertainty, said experts.
Road ministry to come up with cashless treatment for accident victims
The government will soon come up with a cashless treatment facility for all road accident victims at the Ayushman Bharat hospitals while work is on to rectify about 5,000 remaining black spots in the country by May 2025 as the aim is to reduce road accident related death and injuries by half by 2030, road […]
Govt to develop 200 ropeway projects worth Rs 1.25 lakh crore in five years: Nitin Gadkari
Union minister Nitin Gadkari said the government will develop 200 ropeway projects at a cost of Rs 1.25 lakh crore in coming five years under the National Ropeways Development Programme, “Parvatmala Pariyojana”. Addressing a ‘Ropeway: Symposium-Cum-Exhibition’on Tuesday, Gadkari called for developing ropeways as part of the urban rapid transport system to decongest our cities and […]
MHA sanctions nearly 1022 kms of roads under village programme for Arunachal Pradesh: CM Pema Khandu
Arunachal Pradesh Chief Minister Pema Khandu said recently Union Ministry of Home Affairs (MHA) has sanctioned about 1022 kms of roads under Vibrant Villages Programme (VVP) programme for the state. Khandu, who is on a tw-day tour of Upper Siang district, at Tuting today appealed members of the five resident communities – Memba, Khamba, Adi, […]
NHAI may monetise more than ₹1 lakh cr assets by FY24 end
The National Highways Authority of India (NHAI) expects to surpass ₹ 1 lakh crore of asset monetisation by the end of this financial year, garnering about ₹40,000 crore, which would be the highest ever receipt from the exercise since 2018-19. As per the data reviewed by ET, the total monetisation receipts of the NHAI between […]
Over 600 km of cycle tracks developed, 76,000 CCTV cameras installed in 100 smart cities: Centre
More than 600 kilometres of cycle tracks have been developed in 100 smart cities while over 76,000 CCTV surveillance cameras installed so far, the Union Housing and Urban Affairs Ministry said on Thursday. Under the Smart Cities Mission, 6,855 “smart classrooms” and 40 digital libraries have been developed. Also, over 50 lakh solar and LED […]