If rural roads act as connectors between highways and tolled for heavy vehicles, they can be made more viable. In several states, rural roads under the Pradhan Mantri Gram Sadak Yojana (PMGSY) and the NABARD-financed schemes are new and inviting.
Tag: Nabard
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Local self-government vital in maintenance
NABARD’s RIDF has disbursed Rs 1 lakh crore towards rural infrasÂtrucÂture including roads, but as CK Gopalakrishna, the bank’s Chief GeneÂral ManÂager & Chief Vigilance Officer, tells Janaki Krishnamoorthi, underperÂforÂmance of the assets is a worry.Government of India anÂnouÂnced in 1995-96 the scheme for setting up a fund to be operationalised by NABARD.
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Rural roads Country roads, take me home
A new opportunity knocks on the doors of private developers, especially those in the second-tier or contractors aspiring to be developers. Rural roads are all set to offer large opportunities this year as the government steps on the accelerator to see projects through, after the successful experiment by PMGSY especially in quality monitoring and maintenance contracts. Janaki Krishnamoorthi writes.
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Infrascape 2012 | Rural roads: Modified EPC may be solution
Rural roads constituted over 84 per cent (2.65 million) of Indian Roads Network in 2010-11, and were constructed at the rate of 124 km per day. Around 80,195 km of rural roads were completed till March this year.
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IIFCL becomes non-banking finance firm
The Reserve Bank of India (RBI) will now regulate India Infrastructure Finance Company (IIFCL). The Union Cabinet approved a proposal in this regard.
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Rural disbursals fall
During fiscal 2010-11, Nabard sanctioned project loans worth Rs18,315 crore as against Rs15,630 crore in the previous fiscal year.
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