The initiatives that will have a direct bearing on the pace of execution include awarding projects after securing 80 per cent right of way, expediting projects stuck midway, delegating the power to grant forest clearances to regional offices, filing online for clearances to construct road over bridges (ROBs) and road under bridges (RUBs) and increasing the limit on sand mining.
Tag: GBS
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Road Widening Under Progress
The last two decades witnessed highway infrastructure being developed on a massive scale in the country. Now the government has unveiled another huge new highway development programme (covering 83,000 km) under the Bharatmala Pariyojana, which will see a paradigm shift in highway development with focus on improving the efficiency of the national corridor and a long-term view on the highways network.
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Fast Forwarding the Lifeline
It is often pointed out that every rupee invested in ramping up railway infrastructure benefits the economy six times over. Therefore, after languishing for nearly 70 years, modernisation of the sector has been put on the fast track.
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Indian investment in highways and ports
The government has allocated a total Gross Budgetary Support (GBS) of Rs.46,834 crore including cess and toll remittance for 2016-17 for the Ministry of Road Transport & Highways.
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FinMin to release Rs.32,000 cr for IR
In some relief to the railways, the finance ministry has restored support to IR from general exchequer to the tune of Rs.32,000 crore for the current fiscal.
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Rs 1.5 tn facelift for ports
The Ministry of Shipping has drawn out an investment plan of Rs 155,455 crore for modernisation and expansion of ports during the 12th Five Year Plan.
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Financing a behemoth can mean new schemes
The Indian Railways is the world's fourth largest freight carrier, controlled by a single management. he Indian Railways operates around 14,000 trains everyday, out of which 8,900 are passenger trains and 5,100 are freight trains.