Construction segment too may pick up in second half, but high debt still a concern
The minister says as many as 80% projects can be done on PPP mode. Currently, half the national highway projects awarded by his ministry are on this basis
By removing the export turnover, these units will export more and the country will benefit. This will also boost employment, Nitin Gadkari said
It does not compensate for loss in net present value terms for most Build-Operate-Transfer toll projects, says agency
Toll collection has restarted since, but there is unlikely to be a V-shaped revival in traffic after the lockdown ends - probably - on May 17. There will only be a gradual return to normalcy
The value of IMPS (Immediate Payment Service) transactions in April fell to about Rs 1.21 trillion in April, from about Rs 2.02 trillion in March
Even though the non-political force majeure will be invoked it will not cover the decline in traffic volumes, say experts
India Ratings and Research says the lockdowns would hit infrastructure construction and revenue growth of the implementing companies
These 65 plazas are located Pan-India including Uttar Pradesh, Gujarat, Rajasthan, Punjab, Chandigarh and Andhra Pradesh
FASTags-based toll collection system has been rolled out across over 527 national highways
One is not sure if the transition to a cashless system will leave scope for investigation on previously under reported toll.
IRB Infrastructure Developers was the first private company in the sector to come out with an INvIT
From December 15, 2019 FASTag will be mandatory. If FASTag is missing from your vehicle, the driver will have to pay double the toll tax
The date has been extended by 15 days to give people more time to enable their vehicles with FASTag
Since FASTag is mandatory, it's better to understand its risks; linking it to your savings will lead to balance being deducted from your bank account
If you want good services, you have to pay for it. Government does not have money, said Gadkari
According to estimates provided by a payments processor, a little more than 1.5 million tags have been issued already - 800,000 in the past four months
While several banks have limited cash withdrawal due to the shortage of currency in their chests, a number of ATMs are not in operation