Reports suggest that Asian Development Bank (ADB), the Manila-based multilateral development bank, plans to lend around $10 billion to the Indian public sector between 2012-2017 and $2 billion to the private sector in this period. It is also learnt that the bank is holding talks with the central government on its country strategy paper for India
Author: admin (Infratructure Today)
Post
Post
Experts call for novel funding model for infra sector
Experts suggest government to come out with innovative financing model for funding infrastructure sector during the 2012-13 union budget. Two years ago, the government introduced infrastructure debt fund (IDF) for channelising long term fund into the sector. IDF may be set up as mutual fund under the trust model or as
Post
Minister calls for revision of land use norms
Union Minister for Housing Ajay Maken stressed on the need to revise the floor surface index and land use norms in large cities, which do not have adequate open land for housing needs. He pointed that the centre cannot give any directive to the state governments in the matter of FSI and land use norms, but in the New Delhi master plan, whic
Post
Bihar govt gives top priority to road construction
Bihar Deputy Chief Minister Sushil Kumar Modi said on February 3 that a 'Road Maintenance Policy will be ready for construction of new roads and upkeep of existing ones in Bihar. The NDA government in Bihar has been giving top priority to construction of roads and has declared 4,857 km as state highways. Work is in progress on a 387 km stretch, he added.
Post
Govt to improve roads in Naxal-hit regions
Union Rural Development Minister Jairam Ramesh on February 4 said the Centre has decided to improve the condition of roads in the Naxal-hit regions under the Pradhan Mantri Gram Sadak Yojana (PMGSY). He observed that Naxalism can be tackled only through development.
Post
MP gets Centre’s nod to construct 4,675 km roads
Under the Pradhan Mantri Gram Sadak Yojna (PMGSY), the Union government has sanctioned 4,675 km long 1,521 new roads costing Rs 1,780 crore to Madhya Pradesh. Following construction of these roads, 1,600 habitats will be linked by all-weather roads with development block, tehsil and district levels, an official release issued in Bhopal said.
Post
Work on new highway in Kerala to begin on Feb 10
In Kerala, work on the proposed Kuttippuram-Puthupponnani National Highway (NH) will begin on February 10. The State Chief Minister Oommen Chandy will inaugurate the work at a function to be held in Chamravattom. The highway is going to be constructed parallel to the existing NH 17.
Post
Rs 20 cr allotted to bypass road in Kerala’s Kottayam dist
In Kerala's Kottayam district, the combined bypass road that connects MC road at Thiruvalla to KK Road in Manarcad will soon be a reality. The tendering process for upgrading the existing road is complete, said Jose K Mani MP on February 4. A fund of Rs 20 crore has been allotted by the Centre for the purpose from the Central Road fund, said Mani.
Post
Assam CM discusses highway projects with Joshi
At a high-level meeting in Guwahati, Assam Chief Minister Tarun Gogoi on February 4 discussed various highway projects with the Union Minister for Road Transport and Highways CP Joshi.
Post
Road repairs on hold in Mumbai
The Brihamumbai Municipal Corporation (BMC) is a dilemma whether it should award major road repair works in the city to a blacklisted contractor. As a result, major road repairs in south Mumbai have been put on hold. RPS Infraprojects (formerly RP Shah), a company blacklisted by the building proposal department in 2010, has submitted the lowest bid for a basket of projects estimated to cost Rs 275 crore.