The Union Minister for Road Transport and MSMEs was speaking at a function to mark 65th foundation day of the Vidarbha Industries Association
Gadkari said NHAI was in a comfortable position and it would go ahead with its fund-raising plans
IRB InvIT offered six completed road assets, covering 3,000 km across five states
Speaking during a programme in Nagpur, Gadkari tried to address the criticism of the high penalties under the new law
The need to construct national highways would come down after the completion of Bharatmala programme, according to the minister
NHAI is looking at developing a system for capturing returns on appreciation in land value along developed national highways projects, said the Union Minister
With auto sales sliding for over 13 months now, industry captains went all out to demand a cut in goods and services tax as the only way to revive demand
Various reports have said a two-wheeler rider was fined Rs 23,000 in Gurugram for various norms violations, while a truck driver was given challan for Rs 59,000
The committee was set up to review the framework for MSMEs, and suggest long-term solutions for economic and financial sustainability for the sector
Gadkari said he would take up a discussion with the finance minister for extending possible export incentives on automobile makers, as has been done for the sugar industry
Mentioning that reducing pollution is in the national interest, Nitin Gadkari said that it was not correct to blame only vehicles for the problem of pollution
Gadkari further said that focus should be on doing good work for the society rather than on politics
The visiting ADB president supported the RBI's approval to the fund transfer and said the country should come up with more such ideas to support growth
The MSME sector accounts for 30 per cent of the country's gross domestic product, anchoring 45 per cent of total industrial production
The Centre's think-tank seems to be facing a lot of flak from senior govt ministers in the last few days
Ministry also targets 66% rise in credit, setting up of 400 clusters and Rs 50,000 cr in procurement from sector
However, they are opposing the decision to base definition only on annual turnover
Nitin Gadkari said it was the mandate of his ministry and not that of NITI Aayog to take a call on vehicle technology
Banks will also have to return all documents within 15 days of a loan closure, helping borrowers whose mortgaged assets are tied up
Currently, micro, small and medium enterprises contribute 29 per cent to the country's gross domestic product and have created 11 crore jobs in recent years