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Invest in infrastructure, Gadkari exhorts industry

Invest in infrastructure, Gadkari exhorts industry

As highway InvITs perform well and numerous digital and technology innovations push the infrastructure sector, Private sector participation in the PPP mode can push for fast-track growth of the Indian economy, says Nitin Gadkari, Minister of Road Transport and Highways in India.  The dream of the Prime Minister is to make the Indian economy $5...

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Centre leapfrogs Uttarakhand govt on roads construction

Centre leapfrogs Uttarakhand govt on roads construction

The Central Government will directly spend about Rs.12,000 crore to rebuild roads on Char Dham and Hemkund Saheb pilgrim routes in Uttarakhand which were damaged during the 2013 floods, adversely affecting the tourism business in the state, a union government official said. The project will be completed in the next four years.

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Rationale behind HSR

An investment in HSR is typically a government decision which is primarily dependent on a number of factors, such as current and projected traffic, expected saving in time, and a reduction in accidents due to a modal shift, reduction in environmental externalities, ease in congestion in existing modes, and the average willingness of the users to pay.

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Flood-hit Uttarakhand to get Rs 18,791 cr for roads

Flood-hit Uttarakhand to get Rs 18,791 cr for roads

In Uttarakhand, the State Planning Commission has proposed 99 km of all-weather roads with as many as 14 tunnels that would reduce distance and save precious time for travelers. In the state, the Himalayas are bleeding after the last June flash floods, which killed many and washed away properties.