To accelerate the flow of long-term funds into various projects in areas such as power, roads and ports, the Union Finance Ministry may put in place within a month the modalities for a new structure of the Infrastructure Trust Fund, the Ministry stated. The proposed fund is expected in the nature of REIT (Real Estate Investment Trust), which are prevalent in many countries like Singapore.
Tag: Roads
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Govt allows MPs to spend fund on roads, pavements
The Union government has decided to allow its MPs to spend their local area development (MPLAD) fund for works related to constructing roads, pavements and cycle tracks and this move has been appreciated by the Geneva-based International Road Federation (IRF). IRF is a global road safety organisation.
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Govt allows MPs to spend fund on roads, pavements
The Union government has decided to allow its MPs to spend their local area development (MPLAD) fund for works related to constructing roads, pavements and cycle tracks and this move has been appreciated by the Geneva-based International Road Federation (IRF). IRF is a global road safety organisation.
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Civic body starts road repairs in Hyderabad
The engineering wing of the Greater Hyderabad Municipal Corporation (GHMC) has begun repair and restoration work on roads that were badly damaged in the heavy rains across the city last week.
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Nagaland govt to improve roads in Dimapur
The Nagaland government has taken initiative to improve roads in Dimapur, the State's commercial hub. The State PWD (R&B) personnel embarked on improvement and reconstruction of roads as per the directive of Minister for Roads & Bridges Kuzholuzo (Azo) Nienu along the road stretch from Tragopan police point to City Tower and from City Tower to DC Court, Dimapur.
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Kanpur residents commute on dusty, potholed roads
Residents of Kanpur are facing hardships due to the dilapidated condition of roads in the city. Especially dug up roads are bothering them a lot. One of the many unlevelled and the potholed stretches in the city is Kalpi road between Zarib Chowki and Fazalganj. The entire stretch of nearly 1.5 km is unlevelled ever since it was dug up for laying of sewage pipes under JNNURM scheme.
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Maha gets nod for Rs 354 cr worth road works
The Union government has approved proposals for roads worth Rs 354 crore in Maharashtra to improve its infrastructure works. The road works will be funded under the Centre's flagship Pradhan Mantri Gram Sadak Yojana.
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Arunachal gets Rs 819 cr worth road projects
To improve road connectivity in Arunachal Pradesh, the Union government has approved a network of roads and bridges at a cost of Rs 819 crore. The Union Rural Development Ministry's decision in this regard comes just ahead of Prime Minister Manmohan Singh's visit to Beijing and it emphasises the strategic importance of the bordering state over parts of which China lays claim.
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Army assusred for better road link to Bumla post
Roads and telecommunication facilities at Bumla, the last Army post in Tawang district of Arunachal Prdesh, bordering China located at 17,000 feet, needed to be improved. The State Chief Minister Nabam Tuki has assured the Indian Army in the area to take up the matter with the Union government and press for the facilities.
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Road re-construction works taken up in Dimapur
In Nagaland's Dimapur, the State government has ordered to take up improvement works and reconstruction of roads from Tragopan police point to City Tower and from City Tower to DC Court.