The government is expecting investments worth Rs.25 lakh crore over the next three years in roads, railway and shipping infrastructure.
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Budget 2016: Total outlay for roads and railways to be Rs.2,18,000 cr
Presenting the Union Budget on February 29, Finance Minister Arun Jaitley announced that the total outlay for road and rail development would add up to Rs.2,18,000 crore this fiscal.
Govt to set up separate department for transport: Nitin Gadkari
Union Minister of Road, Transport and Highways said that the government will set up a separate Transport Department comprising experts from automobile sector, alternative fuel, emission, etc. ´
Roads & highways – The road ahead: Challenges and possibilities
While the focus is on sprucing up national and state highways, and rightly so, the government must not forget about city, district and rural roads that need to be upgraded to address the burgeoning traffic.
PPP projects worth Rs.50,000 crore lined up for ports
The Centre has 35 projects worth around Rs.50,000 crore in the pipeline for investment in the port sector under public-private-partnership (PPP) model.
Revised cost estimate for Rail-cum-Road Bridge across river Ganga at Munger
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has given its approval for revised cost estimate amounting to Rs.2774 crore with Railway share as Rs.1247 crore and Ministry of Road Transport and Highways share as Rs.1527 crore for construction of Rail-cum-Road Bridge across River Ganga (14 kms) at Munger with a provision that the cost of land for road approaches may increase in future.
One has to be vigilant… PPP will survive if users are happy
First of all, when we talk about a project, it is not only about the project but the risks associated with it. When it is an Indian investor, the risks are lesser in nature. However, a foreign investor comes in looking at a lot of other risk factors as well.
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The road sector has gathered steam with the government´s focus on the revival of the investment cycle. Over the next six months, the government plans to award road projects worth Rs 3.5 lakh crore.
PPP framework and policies need to be revamped
Highlighting the role of the mass rapid transit system in the Indian urban transportation, Abhay Kumar Mishra, CEO, Mumbai Metro One Pvt Ltd, lauds the successful completion of the first year of the Mumbai Metro
TJSV to foray into railways, road sectors
As part of its expansion plans, Udumalpet based TJSV Steel Fabrication and Galvanising (India) Ltd is set to foray into railway sector and road guard segment, a top company official said.