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In the HAM of a Dilemma

In the HAM of a Dilemma

Just as with PPP projects, HAM contracts too are finding financial closure to be a challenge. Banks, especially, are wary of putting their money on developers with weak financials and lack of adequate experience. Industry insiders, however, beg to differ.

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Gadkari inaugurates Sagarmala Development Company, identifies projects worth Rs 8 lakh crore

Gadkari inaugurates Sagarmala Development Company, identifies projects worth Rs 8 lakh crore

Shipping, Road Transport and Highways Minister Nitin Gadkari has said that the Sagarmala project will fetch nearly Rs 12-15-lakh crore of capital investments. He estimated that the port-led development plan would generate direct and indirect employment for around two crore people and provide a huge fillip to the countryÂ’s economic growth

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Highways surge ahead on the back of infrastructure push

Highways surge ahead on the back of infrastructure push

Union Minister of Road Transport & Highways and Shipping Nitin Gadkari has said that his two ministries have together spent a total of about Rs.4 lakh crore in the past two and a half years as they work towards building world class highways and shipping infrastructure in the country.