The terminal is expected to change the nature of the port, along with other new facilities
For 2016-17, 23 km of roads were constructed per day, up from 16.6 km a day in 2015-16
Gadkari said that growing demand would help to bring down the operational and battery cost
He praised the rate at which India was growing, infrastructure-wise and expected a good response
Govt plans to bring down logistics costs to enhance exports, create huge employment, says Gadkari
The government has started work on five expressways including Delhi-Meerut while other seven projects will be launched soon, Union Minister Nitin Gadkari said today. "We are constructing 12 new express highways. Work on five has already started. These include Eastern Peripheral expressway which will be completed by August 15 this year and Delhi-Meerut expressway," Road Transport, Highways and Shipping Minister Gadkari said addressing the media here. After inaugurating an exhibition at India Integrated Transport & Logistics Summit 2017, the minister said work will begin on Vadodara-Mumbai project this year. "Alignments for Delhi-Jaipur and Delhi-Ludhiana- Amritsar-Katra expressways have been finalised," he said. The other projects he said include 250 km Bangalore- Chennai expressway besides Hyderabad-Vijaywada and Nagpur-Hyderabad projects. The Minister said the road building pace has reached 23 km a day at present and would touch 40 km a day in March 2018. He said a massive
Move will ensure building of at least 90k km of highways network under current govt, says Gadkari
I am going to London on May 12 to finalise things for the masala bonds, says Nitin Gadkari
India will monetise 105 highway projects for about Rs 145,000 crore in the coming years as part of new innovative models of financing, Union Minister Nitin Gadkari said here today. "The traffic density in India is very high and the internal return on rates is very good," the Minister of road transport and highways said during a presentation on India Integrated Transport & Logistics Summit 2017 which will be held in New Delhi from May 3-5. "105 projects will be monetised (for about) Rs 145,000 crore," Gadkari said. "Now we require investments because there is no risk factor," he said, assuring of a good rate of return from highway toll collections. "Particularly, for new investment, there are a lot of innovative models," said Gadkari who also launched a roadshow for promoting National High Authority of India's (NHAI) first rupee-denominated masala bonds here yesterday. He also highlighted NHAI's AAA ratings. "There are opportunities ... We are very transparent ... and very .
Minister further said he intends to complete infrastructure work worth Rs 25 lakh crore in 5 years
He said express highway will be axis-controlled, vehicles will be able to move at very high speed
Cabinet, on Friday, approved amendments in the Motor Vehicles (Amendment) Bill, 2016
He said this will save a huge amount as delays at toll plazas result in annual loss of Rs 70,000 cr
101 projects were ready for take off & funding would not be a problem, said the union minister
Phase I of pilot project to provide such updates was implemented on Delhi-Jaipur NH-8
He made a pitch for port-led development which is crucial for higher economic growth
India also needs to grab this opportunity as world is looking at it with high hopes, says Gadkari
Gadkari said he has already begun work on running sea planes in the country
Policy is aimed to dump vehicles which are more than 15 years old, to combat pollution
The Motor Vehicle Bill, 2016, was introduced in LS in August and is awaiting Parliamentary approval