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Gadkari lays foundation stones for 12 National Highway projects

Gadkari lays foundation stones for 12 National Highway projects

Punjab witnessed a major step towards world class road connectivity in all major cities as Union Minister for Road Transport, Highways & Shipping Nitin Gadkari laid the foundation stones of 12 major National Highway projects worth Rs 10,596.19 crore at Ropar, Samrala and Jalandhar in the state.

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Govt to open automobile clusters near ports

Govt to open automobile clusters near ports

Union Minister for Road Transport, Highways and Shipping, Nitin Gadkari has said that the government is planning to develop automobile clusters near port areas. He said that port-led development under the Sagarmala project is expected to attract Rs 12 lakh crore worth of investment.

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Funds raised by NHAI

Funds raised by NHAI

The government has permitted borrowing of Rs.59.279 crore by NHAI during 2016-17 as IEBR. NHAI plans to raise Rs.5,000 crore through capital gains bonds and `50,000 crore through taxable bonds or other similar instruments