{"id":466561,"date":"2022-02-07T08:14:59","date_gmt":"2022-02-07T02:44:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=466561"},"modified":"2022-02-07T08:30:20","modified_gmt":"2022-02-07T03:00:20","slug":"will-raise-money-from-small-investors-for-road-projects-nitin-gadkari","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/will-raise-money-from-small-investors-for-road-projects-nitin-gadkari\/","title":{"rendered":"Will raise money from small investors for road projects: Nitin Gadkari"},"content":{"rendered":"<p>Union Minister Nitin Gadkari on Saturday said the government will not take money from foreign investors to build infrastructure projects like roads, and instead mobilise funds from small investors willing to put Rs 1 lakh for an assured return of 8 per cent per annum.<\/p>\n<p>The minister said a Rs 8,000-crore project to build road over bridges over railway crossings in towns and cities is also under the works, but the announcement will be made after the budget.<\/p>\n<p>Gadkari said his department does works of over Rs 5 lakh crore a year and added that foreign investors are now making a beeline to invest in Indian road projects but clearly stated a lack of interest on his side to engage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Minister Nitin Gadkari on Saturday said the government will not take money from foreign investors to build infrastructure projects like roads, and instead mobilise funds from small investors willing to put Rs 1 lakh for an assured return of 8 per cent per annum. The minister said a Rs 8,000-crore project to build road over bridges over railway crossings in towns and cities is also under the works, but the announcement will be made after the budget. Gadkari said his department does works of over Rs 5 lakh crore a year and added that foreign investors are now making [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-466561","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/466561","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=466561"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/466561\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=466561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=466561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=466561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}