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FDI Ultimate Game Changer

FDI Ultimate Game Changer

Though investment in infrastructure is expected to touch $1,025 billion in the Twelfth Five-Year Plan (2012-17), many hurdles are choking investment inflows despite the government´s overdrive to attract funds. The government´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)

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NHAI to get a leg-up

NHAI to get a leg-up

The Ministry of Road Transport and Highways and the National Highways Authority of India (NHAI) have initiated a number of steps for speedy completion of national highway projects.

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PNC Infratech bags Rs.441 crore contract

PNC Infratech bags Rs.441 crore contract

PNC Infratech Limited has been awarded the contract for Ministry of Road Transport & Highways, Government of India sponsored project of Rehabilitation & Upgradation of the 80 km long road stretch of Sonauli - Gorakhapur Section of National Highway 29 E in Uttar Pradesh on EPC Basis by UP PWD

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Infra investment to bear fruit in 5 to 6 months

Infra investment to bear fruit in 5 to 6 months

The Planning Commission member (infrastructure) BK Chaturvedi said that investment in infrastructure would rebound in the next 5-6 months. He said these factors will help push infrastructure projects, something which is high on the plan panel's agenda.

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No to road regulator

No to road regulator

Nitin Gadkari who assumed charge as the Minister for Road Transport & Highways and Shipping, is against the idea of a regulator for roads. He said the focus would be on hastening road projects stuck for long. The roads and highways ministry will also work towards finalising a toll policy.

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New ministers for road transport and shipping

New ministers for road transport and shipping

Nitin Gadkari has taken charge as the Union Minister for Road Transport and Highways and Shipping. On the occasion, the minister said efforts will be made
in a transparent manner to give fillip to infrastructure development under his ministry.