High logistical cost prevailing in India is the biggest hindrance for Indian businesses on the global level and the Ministry of Shipping will aim to reduce the cost under the Sagarmala Project, said Nitin Gadkari, Union Minister for Shipping, Road Transport and Highways, on the second day of the Maritime India Summit 2016.
Tag: road transport
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NH works: State urged to share cost
Road Transport Minister Nitin Gadkari has said the Karnataka state government has been requested to share 50 per cent of the cost for widening of national highways (NHs) in the state.
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The road to safety
With a population of over a billion people, it's no surprise that fatalities from road accidents in India amount to little more than just statistics. Sometimes, though, a single death makes a difference and plunges an entire nation into grief.
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Road transport in passenger segment to be opened up: FinMin
Finance Minister Arun Jaitley in the Union Budget 2016-17, announced the government will open the road transport in passenger segment to the private sector.
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Govt. to invest Rs.25k cr in Assam
Union Road Transport and Highways Minister Nitin Gadkari said the Centre would invest Rs.25,000 crore for developing roads, bridges and waterways in poll-bound Assam over the next two-three years.
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IWT has suddenly become doubly meaningful.
Sumit Banerjee, former Vice Chairman, Reliance Cement and MD&CEO, ACC Ltd, tells Rouhan Sharma it is only a matter of time before companies evince more interest in waterways for competitively transporting goods.
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Rs.50,000 cr projs sanctioned for TN
The Centre had sanctioned Rs.50,000 crore for infrastructure projects in the State, said Union Minister of Road Transport, Highways and Shipping Nitin Gadkari.
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Rs.28,000 cr worth of highways development projs in FY16
The government plans to award Rs.28,000 crore worth of highways development projects in the current fiscal under the newly conceived hybrid annuity model
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PMO: End row between NHAI, private players
The Prime Minister´s Office (PMO) has asked the road transport and highways ministry to look into the option of setting up a high-powered committee to resolve disputes between private players and National Highways Authority of India (NHAI)
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Infrastructure project budgets may exclude land cost
The government could soon give the go-ahead to excluding the cost of land while computing the total cost of infrastructure projects, a measure that will allow more ministries to clear their own projects without going through the time-consuming process of seeking the approval of the Cabinet Committee on Economic Affairs.