FY24 Target: Road Ministry to Construct 13,813 Km Highways
The Ministry of Road Transport and Highways (MoRTH) has set an ambitious target of constructing 13,813 km of national highways in the current financial year, which would be a record achievement for the ministry. The MoRTH Secretary Anurag Jain announced this target on February 2, 2024, while addressing a press conference in New Delhi. He […]
₹1.68 Lakh Cr Allocated to NHAI for FY25: FM
Finance minister Nirmala Sitharaman on Feb. 1 marginally increased allocation to State-owned National Highways Authority of India (NHAI) to ₹1.68 lakh crore for 2024-25 from last year’s revised allocation of ₹1.67 lakh crore . The pre-election Budget 2024-25 document has allocated a marginally enhanced outlay of ₹2.78 lakh crore for the highways sector . NHAI’s […]
Three New Economic Corridors for Railways: FM
In her Interim Budget speech delivered in the lower house of parliament, Finance Minister Nirmala Sitharaman announced a substantial allocation of Rs 2.55 lakh crore for capital expenditure for the Indian Railways, along with three new railway economic corridors to reduce congestion and logistics costs in India. She also proposed that around 40,000 normal rail […]
Gadkari’s Rs 8,038 Cr NH Projects in Bhopal
Union Minister for Road Transport and Highways Nitin Gadkari laid the foundation stones of 15 National Highway projects costing Rs 8,038 crore with a total length of 499 km in Bhopal, Madhya Pradesh on January 30, 2024. The projects are expected to improve connectivity, reduce traffic congestion and promote industrial and agricultural growth in the […]
Mumbai-Ahmedabad HSR’s 28 Seismometers for Earthquake Warning
The Mumbai-Ahmedabad High-Speed Rail Corridor, also known as the bullet train project, is set to become the first railway project in India to have an Early Earthquake Detection System (EEDS) to ensure the safety of passengers and critical infrastructure during earthquakes. The National High Speed Rail Corporation Limited (NHSRCL), which is implementing the project, announced […]
PM Lays Foundation for Rs 19,100 Crore Projects in Bulandshahr
Prime Minister Narendra Modi launched a slew of development projects in Bulandshahr district in western Uttar Pradesh on Thursday, January 25, 2024. The projects, worth over Rs 19,100 crores, are related to several important sectors like rail, road, oil and gas, urban development and housing. Rail Projects One of the major projects that PM Modi […]
Bridging Distances: A Journey from Atal Setu to Mahatma Gandhi Setu – India’s Longest Bridges
India is a country of diversity, not only in terms of culture, religion and language, but also in terms of geography. The vast landmass of India is crisscrossed by many rivers, some of which are among the longest and largest in the world. To connect the different regions of the country, bridges play a vital […]
53 Road Projects Valued at Rs 2.1 Lakh Crore Identified by Highways Ministry
BOT Model to Attract Private Investment The Ministry of Road Transport and Highways (MoRTH) has identified 53 road projects worth Rs 2.1 lakh crore to be awarded on a build-operate-transfer (BOT) model, according to an official statement released on Wednesday. The total length of these projects is 5,200 km, out of which bids for seven […]
Centre Reports Development of Over 600 km Cycle Tracks, Installation of 76,000 CCTV Cameras in 100 Smart Cities
Smart Cities Mission: Aims and Achievements The Smart Cities Mission was launched by Prime Minister Narendra Modi in 2015 to promote cities that provide core infrastructure, clean and sustainable environment and give a decent quality of life to their citizens through the application of “smart solutions”. The mission aims to develop around 8,000 multi-sectoral projects […]
NHAI Plans Amendment of Model Concession Agreement for BOT Initiatives
The National Highways Authority of India (NHAI) is planning to amend its model concession agreement (MCA) for build-operate-transfer (BOT) projects in order to attract more private sector investments and revive the BOT toll model for highway development. Background The BOT toll model involves private developers building, operating and maintaining highways for a specified concession period, […]