The National Highways Authority of India (NHAI) had expected to construct about 500km of roads in March, but that could not happen after the COVID-19 pandemic forced a nationwide lockdown.

The PMO has raised concerns about the rising debt levels in NHAI. The awarded large projects were under the EPC and BOT HAM models.

Until there is a realignment of development models, there is a high chance that the award of projects may remain muted for the current year as well. If that happens, India is likely to witness a dip in road capacity addition over subsequent years.

The Union Minister of Commerce & Industry & Railways, Piyush Goyal has told Indian exporters that it was the right time to expand the country’s export footprint globally.

The domestic passenger traffic (DPT) growth, which was supported by peak season demand in the previous month, plummeted to 1.8 per cent in July 2019.

Timely monetisation of mature road assets through the toll-operate-transfer (TOT) route will be a critical determining factor in plugging the shortfall in budgetary allocations and fetch requisite funding to support ambitious execution targets set for the Bharatmala programme.

The timely monetisation of mature road assets will be a critical determining factor in plugging the shortfall in budgetary allocations and fetch requisite funding to support ambitious execution targets set for the Bharatmala programme

The Government of India has approved the launch of KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme, to promote the use of solar powered agriculture pumps by farmers and installation of small renewable power plants (500 KW to 2 MW) by farmers/cooperatives/panchayats on their lands, with a funding support of Rs 344.22 billion.

The government has approved phase-II of rooftop solar programme with a funding outlay of Rs 118.14 billion for achieving the 40 GW rooftop solar capacity target by FY2022.