Sustained government thrust through policy changes, investments and proactive addressing of nagging issues, has placed the roads sector in what could be its best growth trajectory yet.
Tag: Ministry of Road Transport and Highways
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GST will reduce the share of the unorganised sector in warehousing
The GST is a value-added tax that will replace all other indirect taxes in India. One purpose of the GST is to make taxes ´destination´ based rather than origin based, or ´efficiency´ based rather than ´regulation´ based.
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Gadkari tells highway engineers to eliminate accident spots
Minister of Road Transport & Highways Nitin Gadkari has said that the government is committed to reduce the number of road accidents by 50 per cent in the next two years and is employing various measures to achieve this objective.
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NHAI awards nearly Rs.4,000 cr highway projects in Karnataka
The National Highways Authority of India (NHAI) has awarded two contracts worth Rs.3,918 crore in Karnataka under NHDP. The projects on NH 63 include ´four-laning of Hubli-Hospet section at Rs.2,293 crore to BSCPL-KNR (JV) and four-six laning of Hospet-Bellary-Karnataka/AP border Section for Rs.1,625 crore to Gammon India Ltd,´ the Ministry of Road Transport and Highways said.
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National Civil Aviation Policy to develop infra, boost tourism
Ashok Gajapathi Raju Pusapati, Minister of Civil Aviation, has said that the government has taken a number of initiatives to make tourism affordable and accessible to the international traveller. He was speaking at a plenary session on ‘Core Infrastructure for Tourism’ at the Incredible India Tourism Investors’ Summit organised by the Ministry of Tourism in partnership with the Confederation of Indian Industry and the Tourism Finance Corporation of India.
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G Infra bags Rs.400-cr project from NHAI
G Infra has bagged a Rs.400 crore project from National Highways Authority of India (NHAI) for two-laning a road connecting two highways in Rajasthan. ´The 62 km long Tonk-Sawaimadhopur section would be executed on EPC mode and completed in two years from the date of commencement of the project,´ the Ministry of Road Transport and Highways said in a statement.
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Centre selects Vadodara-Mumbai-JNPT Corridor for upgradation
The Central government has selected the Vadodara to Mumbai National Highway corridor to be upgraded to an Expressway. The government has already approved the feasibility study for this corridor. Meanwhile, the entire stretch of the Vadodara-Mumbai Expressway is proposed to be constructed in three phases, that includes Vadodara to Talasari (phase I), Talasari to Shirsad and Shirsad-Panvel (phase II) and Shirsad to Dhisar (phase III).
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Revised cost estimate for Rail-cum-Road Bridge across river Ganga at Munger
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has given its approval for revised cost estimate amounting to Rs.2774 crore with Railway share as Rs.1247 crore and Ministry of Road Transport and Highways share as Rs.1527 crore for construction of Rail-cum-Road Bridge across River Ganga (14 kms) at Munger with a provision that the cost of land for road approaches may increase in future.
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Road Ministry pushes NHAI infrastructure bonds
The Ministry of Road Transport and Highways is wooing the Employees´ Provident Fund Organisation to lend its support by investing in an upcoming issue of infrastructure bonds by the National Highways Authority of India
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Transport Ministry in safety push
The government is mulling ways of offering financial and other incentives in a bid to reduce fatalities on highways.