The Road Transport and Highways sector is yet to achieve its target of building 20 km of roads a day due to delays in land acquisition and green hurdles besides
The government today said it envisages Rs 50,000 crore private investment in the highways sector this fiscal as it awards contracts for building 7,300 km of roads.
"During the current
India and Finland have agreed to cooperate in building roads and highways and share information on attracting more investments for public-private-partnership (PPP) projects in the sector.
A Memorandum of Cooperation
RBI road map aims banking for all by 2011
The newly set up Empowered Group of Ministers (EGoM) for the road sector is likely to meet for the first time on Monday to chalk out the financing plan for development of various highways projects next fiscal.
It’s a problem faced by every fast-growing city. You cannot build roads faster than people buy cars.
Road ministry will give Rs 50 crore each to state governments.
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