The establishment of the road regulator, as was announced in the 2013-14 Union Budget, might take place only after the elections. While many industry players want a regulator to be set up, what will the entity finally look like? Rahul Kamat takes a peek at the current trends.
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No regulator till new government: RoadMin
The road sector has some bad news in the offing. Private players, who are eagerly awaiting a Road Regulator, since a year, have to extend their prolonged wait for another six months. It was expected that by March end, the Ministry of Road Transport and Highways would pass a note on draft Regulatory Authority for Highways in India Bill, 2013 to the Cabinet.
No regulator till new government: RoadMin
The road sector has some bad news in the offing. Private players, who are eagerly awaiting a Road Regulator, since a year, have to extend their prolonged wait for another six months. It was expected that by March end, the Ministry of Road Transport and Highways would pass a note on draft Regulatory Authority for Highways in India Bill, 2013 to the Cabinet.