To bolster port development, the Centre plans to set up a Railway Corporation exclusively to build rail connectivity to 12 major ports.
FlashNews:
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Vijay Chhibber, Secretary, Ministry of Road Transport and Highways shares his views on the status of pending projects, the financing of projects and the much talked about Road Safety and Transportation Bill
Gaining Lost Ground
With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.
Jal Marg Yojna to boost shipping sector
To revive the shipping industry, the government has decided to launch the PM Jal Marg Yojna and projects for setting up dry and satellite ports, besides converting riverways into waterways, the Rajya Sabha has been informed.´
Electronic toll system on the cards
India is expected to save at least Rs 86,000 crore annu-¡ally after the electronic toll collection (ETC) system becomes operational across India, according to Road Transport and Highways Minister Nitin Gadkari.
Infrascape 2015 – The year 2015 looks very promising…
The year 2015 looks very promising for the entire Indian infrastructure sector. Some major government initiatives like the announcement of 100 smart cities, Make in India campaign, promotion of tourism in India and now the proposed Served from India campaign - are all extremely positive for the sector and are sure to drive long term growth.
Biofuel output to be enhanced
The Minister for Road Transport & Highways, Nitin Gadkari said that the government would take all efforts to remove hurdles in the increased production and usage of biofuels in the country.
RoB projects to get speedy clearance soon
The Union government is getting ministries and departments to work together to get things moving even though big-bang infrastructure initiatives have remained elusive. The often feuding railways and highways ministries, for instance, have decided to
Mum-Goa concrete highway
Nitin Gadkari, Union Minister of Shipping, Road Transport and Highways said that his ministry has decided to construct a concrete four-lane road on the Mumbai-Goa national highway.
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)