Though the Centre has chalked out ambitious infrastructure plans, a multi-rate GST, and the DND toll cancellation issue, may dampen the spirit of the infra industry. Union Minister for Road Transport and Shipping Nitin Jairam GadkariÂ´s well laid out plans to kick start an infrastructure boom in India
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 governmentÂ´s overdrive to attract funds. The governmentÂ´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)
For widening of Jalandhar-Amritsar section of National Highway in Punjab, the Union government on November 13 approved Rs 523.85 crore. The highway project will be taken up under the flagship road building programme, National Highways Development Project (NHDP) of the Union government.
The Cabinet Committee on Economic Affairs has approved four-laning of the Aurangabad-Yedeshi section of National Highway-211 in Maharashtra. The road work will be taken up under the National Highways Development Project (NHDP) Phase IV on Build, Operate and Transfer (BOT-Annuity) in Design, Build, Finance, Operate and Transfer (DBFOT) pattern.
In Gujarat, Rs 1,756 crore worth 209.89 km Gadu-Dwarka section of National Highway-8E road project has been approved by the Cabinet Committee on Economic Affairs (CCEA). The project is to upgrade the highway into four/two laning under the National Highways Development Project (NHDP) Phase IV.
The Union Cabinet Committee on Economic Affairs has given its approval for four-laning of the Kaithal Rajasthan border section of National Highway-152/65 in Haryana under the National Highways Development Project (NHDP) Phase IV, on Design, Build, Finance, Operate and Transfer (BOT/DBFOT) basis in Build-Operate-Transfer (BOT) (Toll) mode of delivery.
Under the National Highways Development Project (NHDP) Phase-IV, the Cabinet Committee on Economic Affairs is likely to accord final approval for development of a National Highway in Rajasthan soon. Final approval is likely for the selected sub-project approved by Expenditure Finance Committee (EFC) for the development of two laning with paved shoulders of Uniara, Nainwa, Hindoli, Jahanpur, Shahpura, Gulabpura section of National Highway NH-148D in Rajasthan, sources said.
Industry players and analysts feel that the Cabinet Committee on Investment (CCI)must increase the frequency of its meeting in order to resolve issues in pending infrastructure project. The panel has met only five times in the last six months of its existence and its diktats have pertained largely to public sector investments, though a few proc