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BUDGET MUST ADDRESS OBJECTIVES

BUDGET MUST ADDRESS OBJECTIVES

Last year, roads and highways was the "happening" sector, with a lot of hype and commendable action. Against a target of national highways that turned out to be beyond ambitious, the National Highway Authority of India (NHAI) had only completed construction of 1,156 km by December 2010 at 4.28 km per day-way less than the targeted 7 km-per-day.

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Min okays Rs 50,000 cr electric fund

Min okays Rs 50,000 cr electric fund

In a move to help quicken the flagging pace of distribution reforms in the power sector, the Union Finance Ministry has approved the creation of a Rs 50,000 crore National Electricity Fund for attracting investment in this area.

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