{"id":430396,"date":"2021-08-12T12:28:41","date_gmt":"2021-08-12T06:58:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=430396"},"modified":"2021-08-12T12:28:41","modified_gmt":"2021-08-12T06:58:41","slug":"nitin-gadkari-pitches-for-using-rbis-rising-forex-reserves-for-infrastructure-development","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nitin-gadkari-pitches-for-using-rbis-rising-forex-reserves-for-infrastructure-development\/","title":{"rendered":"Nitin Gadkari pitches for using RBI\u2019s rising forex reserves for infrastructure development"},"content":{"rendered":"<p>Union Road Transport and Highways minister Nitin Gadkari on Wednesday pitched for formulating a policy for using the Reserve Bank of India\u2019s rising foreign exchange reserves for funding road projects, saying the country needs low cost finance for such infrastructure projects.<\/p>\n<p>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\u2019s Power Finance Corporation (PFC).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Road Transport and Highways minister Nitin Gadkari on Wednesday pitched for formulating a policy for using the Reserve Bank of India\u2019s 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\u2019s Power Finance Corporation (PFC).<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,197,138],"tags":[],"class_list":["post-430396","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=430396"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/430396\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=430396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=430396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=430396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}