The Indian Railways will set up a new state-owned entity, TRANSLOC, by July to handle transport logistics, a senior official said.
Category: Roads & Highways
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GIDC to receive Rs.700 crore
Goa government has proposed to increase the budget of the Goa state infrastructure development corporation (GSIDC) to Rs 700 crore which is almost three times of the previous year.
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Government amends norms for financial support to PPP
The Government has approved amendments to the Public-Private Partnerships (PPP) guidelines to enhance financial support to projects in infrastructure sector.
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Target Sustainability, Become Smart
New age concerns of resource optimization, climate change impacts, financial situation of urban bodies, etc., have given rise to new brands of cities such as green cities, eco cities, inclusive cities, resilient cities, sustainable cities and smart cities.
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NDA Govt to hike infrastructure investment for FY 2015-16
The National Democratic Alliance (NDA) Government has committed to reviving the investment cycle by increasing public expenditure in capital formation. Finance minister Arun Jaitley announced an overall increase of Rs 70,000 crore in investment in infrastructure in 2015-16 over the current year.
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Govt may fine road agencies for mishaps
Road owning agencies and those involved in designing, implementation and maintenance would have to cough up Rs 1 lakh for any death in a crash due to the road condition.
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PPP model needs revamp
Restructuring of Public Private Partnership (PPP) framework in infrastructure sector would help revive financially stressed projects and attract private investment, the Economic Survey said.
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Maha CM for MSRDCĂ´s advisory role in infrastructure
Maharashtra Chief Minister Devendra Fadnavis in principle agreed to appoint Maharashtra State Road Development Corporation (MSRDC) as the special planning authority at places where it has large land parcels.
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Mah Govt scraps Rs.60 cr rural infra projects
Maharashtra state rural development department has shelved infrastructure projects costing Rs 60 crore in the hinterland. The construction of roads, drains and other basic amenities in rural areas at the zilla parishad-level were proposed by elected representatives under a special projects scheme between September 4 and 6 last year.
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Longest elevated national highway in NCR
Uttar Pradesh Chief Minister Akhilesh Yadav announced in his recent budget speech that IndiaĂ´s longest elevated national highway will be constructed in NCR. The six-lane elevated national highway will be constructed in Ghaziabad, that will ease traffic between Delhi and Meerut.