Ministry of Road Transport and Highways
Apprehensions raised regarding premium rescheduling of highway projects
The Union Cabinet’s decision to bail out financially stressed highway projects by easing payment schedules has come as a respite to highway developers. Incidentally highway developers were under considerable stress due to rising construction costs as well as non-availability of loans from banks. Ministry officials apprehensive about legal implications of decision: However, officials in the […]
Road ministry aims at a bigger NHAI board
On a move to speed up the decision-making process of road projects, the Ministry of Road Transport and Highways is planning to make few changes in the system. The road ministry is looking to include the economic affairs secretary in the board of the National Highways Authority of India (NHAI). By doing so, according to […]
