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NHBF seeks prior approval for highway projects

NHBF seeks prior approval for highway projects

In a letter to NHAI, the National Highways Builders Federation (NHBF) recommended that highway projects should not be called for bids before securing requisite clearances, for land acquisition, environment, forest and wildlife. NHBF is a lobby body for highway developers and the letter is also addressed to the Highway Ministry and Finance Ministry on

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At a critical juncture

At a critical juncture

We must urgently address the gaps in the SEZ policy to encourage, incentivise and support the growth of the manufacturing sector, writes Ravindra Sannareddy. Special Economic Zones (SEZs) have been the most effective drivers of growth for developing Asian economies especially China over the last few decades. The key objectives of most SEZ programmes are to attract foreign investment, earn foreign exchange, boost industrial development, generate employment, and upgrade technology.

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Investors would love to invest in India if we get our act right

Investors would love to invest in India if we get our act right

There are mainly three reasons. First and the most immediate one is government departments are not paying in time. For instance, NHAI dues are aggregating upwards of Rs 25,000 crore. Some are disputed and others are not. If you ask NHAI they will deny any payments are due, but that is not the [right] answer. The government will need to be practical, in that somebody has done the work and money has been spent.

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Prudency has returned as aggression has cooled down

Prudency has returned as aggression has cooled down

Large players will continue to opt for BOT model as it provides reasonable return over long gestation period, says Sudhir R Hoshing, CEO (Roads), Reliance Infrastructure, in an interview with Sumantra Das. The National Highways Authority of India (NHAI) has come a long way in the manner in which its roads are managed. From bringing transparency in bidding process through on-line bidding to taking steps to expedite approval and clearance process,

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Union cabinet to decide on land policy

Union cabinet to decide on land policy

A new land policy, that may clear land acquisition hurdle for existing and new infrastructure projects, would go to the union cabinet for approval. Land acquisition remains a major concern. Last year, a ban was imposed on the transfer of government land to other entities. If any department had to implement a project that required alienation of land (through lease, licence or rent), it had to seek the approval of the cabinet.

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Rs 80 cr for AP airport

Rs 80 cr for AP airport

For development of Rajahmundry Airport, the Andhra Pradesh Chief Minister N Kiran Kumar Reddy ordered administrative sanction of an additional amount of Rs 80 crore towards the land acquisition.

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Haryana land pool scheme

Haryana land pool scheme

In order to give adequate compensation for land acquisition, Haryana government is preparing a land pool scheme. As per the scheme, Haryana Urban Development Authority (HUDA)