The Union government is striving to set up a road regulatory authority by consulting all the stakeholders. The road sector needs a regulator to address challenges before it... Work is on towards developing a regulatory philosophy in consultation with all stakeholders, Union Road Transport and Highways Minister CP Joshi said.
Tag: road regulatory authority
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Centre to set up road regulatory authority
Union Finance Minister P Chidambaram on March 28 announced the proposal to set up a road regulatory authority to address issues such as financial stress, construction risk and contract management in the sector.
The Minister said the independent regulatory authority will be set up in 2014 to address all issues faced by the road sector.