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
AIMTC said Covid-19 and the lockdown have hit the transport sector adversely, and exerting acute pressure on the sector.
Close to 3.5 million trucks (along with their drivers and assistants) are off the road - some because of manpower shortage, and some because they are stuck in various parts of the country.
The sectors that have been most impacted are transport, hospitality, and real estate
The possibility of harassment by cops and fear of the unknown have forced a large number of truck drivers to abandon vehicles at the transport centres and flee home.
The only reprieve for transporters in the near to medium term is a bumper rabi crop, the harvesting of which has begun.
Bharatmala Pariyojana is a government-sponsored and funded road and highways project
Uptick in used CV sales helped in Q3, but new vehicle sales remain weak and operational challenges haven't eased
On Dec 31, the govt had unveiled an NIP worth Rs 1.03 trillion, listing around 6,500 projects across sectors
It holds out great promise for improving India's logistics and therefore needs to be pushed aggressively
Use the money saved post Air India's sale to set up two credible safety organisations in India
Stating that high GST rate, Rs 2 cess on diesel announced in Budget, hike in presumptive tax and increase in insurance have hurt transporters severely
Two of the country's biggest airlines - Jet Airways and Air India - are facing financial stress
In 1927-28, the Indian Road Development Committee, chaired by M R Jayakar, had implicitly thought of a multi-layered network of roads, main roads and feeder roads
Over the past fifteen years, the share of freight on railways compared with roads has declined in every key rail network of the world