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Highway developers may get compensation for delays

Highway developers may get compensation for delays

The Union government on February 19 deliberated on providing compensation to road project developers for delays in obtaining environment clearances and land acquisition, besides providing early exits to highway developers. The issues were discussed in a meeting between the Prime Minister's Office, the Ministry of Road Transport and Highways and the National Highways Authority of India.

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Highway developers may get compensation for delays

Highway developers may get compensation for delays

The Union government on February 19 deliberated on providing compensation to road project developers for delays in obtaining environment clearances and land acquisition, besides providing early exits to highway developers. The issues were discussed in a meeting between the Prime Minister's Office, the Ministry of Road Transport and Highways and the National Highways Authority of India.

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Road works in Vijayawada slowed due to land acquisition

Road works in Vijayawada slowed due to land acquisition

In Andhra Pradesh, the delay in land acquisition process in seven villages has become a bottleneck for widening the Vijayawada-Machilipatnam highway into four-lane road. District Collector Budhaprakash M Jyothi asked the revenue divisional officials to speed up the process to hand over the land to the contractors so as to start the work.

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Road works in Vijayawada slowed due to land acquisition

Road works in Vijayawada slowed due to land acquisition

In Andhra Pradesh, the delay in land acquisition process in seven villages has become a bottleneck for widening the Vijayawada-Machilipatnam highway into four-lane road. District Collector Budhaprakash M Jyothi asked the revenue divisional officials to speed up the process to hand over the land to the contractors so as to start the work.

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TN govt to introduce land acquisition policy

TN govt to introduce land acquisition policy

Tamil Nadu government plans to introduce a land acquisition policy considering that non-availability of land for industrial units is a major hurdle in attracting new investments in the manufacturing sector, Governor K Rosaiah said. He said this at the customary GovernorÂ’s address in the Assembly marking the start of the session

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TN govt to introduce land acquisition policy

TN govt to introduce land acquisition policy

Tamil Nadu government plans to introduce a land acquisition policy considering that non-availability of land for industrial units is a major hurdle in attracting new investments in the manufacturing sector, Governor K Rosaiah said. He said this at the customary GovernorÂ’s address in the Assembly marking the start of the session

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Rs 155 bn infra loans recast in Apr-Sep 2012

Rs 155 bn infra loans recast in Apr-Sep 2012

A large amount of loan given by banks to infrastructure companies were restructured in Apr-Sep 2012 period because of high interest rate, rise in debt levels among these firms, reports suggest.During this period, loan worth Rs 15,562 crore belonging to infrastructure companies were restructured, data from the corporate debt restructuring (CDR)

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Remove policy jam | Budget 2013-14

Remove policy jam | Budget 2013-14

There should be a steady policy and quick redressal of the policy changes that have been brought to the attention of NHAI, AAI, AERA and such organisations. Approval procedures for land acquisition, environment clearance and financing policies for infrastructure need a re-think with a background that they should result in profitability and surpluses for the infrastructure companies investing in these sectors.

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Irrigation woes

Irrigation woes

The government should appoint an Irrigation Commission to look at the role of the whole irrigation strategy and revive the current uncertainties in project implementation, writes RC Sinha.Maharashtra State has a large number of Talukas which have been declared chronic draught affected.

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Former minister calls for pvt investments in infra sector

Former minister calls for pvt investments in infra sector

Former Minister of State for Urban Development Sougata Roy remarked that land acquisition is not the only problem in infrastructure projects. He said this while pointing out the need for private sector participation for financing the projects. Addressing a seminar on infrastructure development in the eastern and north-eastern states organised by the Beng