Potholes on the busy Bangalore-Mangalore highway's Shiradi Ghat stretch will be filled by January 31. Work of filling potholes has already started. The repair work will be carried out in a transparent mannerm, said the Union Minister for Road Transport and Highways Oscar Fernandes in Mangalore on December 30.
The Union Road Transport and Highways Minister Oscar Fernandes has said that he expects road projects worth over Rs 1 lakh crore, which have been stuck for long, are to start moving from next month as a concrete decision on the rescheduling of premium paid by developers is expected by the end of this December.
The Union government is to fast-track a few expressway projects in the country for the development of industry, said the Union Road Transport & Highways Minister Oscar Fernandes. The Mumbai-Vadodara Expressway, the eastern and western peripheral expressways, and the Delhi-Jaipur expressway will be part of the plan, the Minister added. Addressing the inaugural function of Excon 2013, Fernandes said these expressways will provide enough opportunity for industry to grow along these express ways.
Union Minister for Road Transport and Highways Oscar Fernandes has said that the Ministry has been adding 17 kilometres of road a day and is to set up a road regulator before the end of the next parliament session. The road regulator is to address various concerns in the road industry.
The Union government, upset by several jammed highway projects, plans to re-negotiate contracts worth Rs 99,000 crore with some of the private developers to give them payment concessions, instead of imposing penalties. The government's grand rescue plan, billed as a one-time measure, is in the final stages of approval and involves 23 concessionaires (the private parties) and a total project cost of Rs 34,000 crore ($5.2 billion).