Road

Ratings to be offered to insurers and OEMs to enable them to customise premiums based on driving behaviour, incentives on new vehicle purchases

According to the NCRB report, in 2021, 155,000 people died in accidents on Indian roads. The number was up from 133,000 in 2020. Total accidents reported also rose to 403,000 in 2021, up from 354,000

However, national highway projects are typically executed by large contractors, with only a small proportion sub-contracted to SMEs

Higher interest rates and stiff competition could further weigh on their share prices

It will enhance the carriage capacity of two-wheelers by 40-50 per cent, according to a statement

With detailed project report completed and land acquisition started, work on building India's longest (11.80 km) road tunnel linking Thane-Borivali - passing beneath SGNP will start from March 2022

Gadkari said centre will increase central roads fund to Rs 800 crore from earlier sanctioned limit of Rs 450 crore

NHAI is also identifying choke points in cities, places which require bypasses, flyovers, interchanges

In FY16, the rural development ministry had constructed 36,000 km of road in rural areas, and has fixed a target of 48,000 km for FY17

The road will help in transportation of goods and further development of SMEs in North East India

There is likely to be a substantial Y-o-Y increase in ordering and construction activity in this financial year