According to the Reserve Bank of India (RBI) data, the combined liabilities of the Centre and the state governments were around Rs 147 trillion at the end of March 2020
The total length of National Highways at present is abut 150,000 km, about 2 per cent of the length of all the roads, but they carry about 40 per cent of the total traffic
Executing road projects worth Rs 15 trillion in two years will be a tall order
In an interview to Megha Manchanda, Union Road Transport and Highways Minister Nitin Gadkari says he is optimistic about the sector meeting its project execution target in a time-bound manner
Districts and states will not be in a position to sustain the expenditure on the stay of migrant labour so they could instead be used for construction activity
Shares of Ashoka Buildcon were trading at Rs 54.65 apiece on the BSE, up 3.21% over the previous close.
The report labels mobility restriction for countries in three categories - moderate, intermediate and severe
But there have been some delays due to land acquisition and other issues
While spending has been ramped up and work has continued apace in some marquee projects, there have been some delays due to land acquisition and other issues
Bharatmala Pariyojana is a government-sponsored and funded road and highways project
Over 1.55 crore FASTags have been issued through multiple Point of Sale (PoS) location
Financing problems hit highways and rural roads
In the highways sector, the debt of the National Highways Authority of India has weighed down on the projections for next year
Minister of State for Road Transport and Highways VK Singh will also attend the meeting
The NHAI also raised claims of Rs 145.33 crore, excluding interest, against the concessionaire on account of delays and other issues
In December last year, Union minister for road transport and highways Nitin Gadkar had informed the Parliament that the ministry has 318 ongoing arbitration cases worth nearly Rs 80,000 crore
One is not sure if the transition to a cashless system will leave scope for investigation on previously under reported toll.
The National Highways Authority of India (NHAI) started electronic toll collection through RFID-based FASTags on its 523 toll plazas across the country from December 15 for seamless flow of traffic
The first of a three-part series on credit pick-up looks at the road construction sector, which seems to be recovering
The hybrid lane will accept FASTag and other modes of payment