The govt is auctioning national highway assets under two models — Toll Operate Transfer and Infrastructure Investment Funds — to monetise them. The 104 NHs span 26,700 km.
Highways ministry built 13,298 km in 2020-21, up from 10,237 km in 2019-20. However, road construction has not crossed Gadkari's 2017 target of 40 km/day.
The observation was made by the SC in its judgment upholding the notification for acquisition of land for the Rs 10,000-crore Chennai-Salem eight-lane green corridor project.
PMO stepped in as it felt that Nitin Gadkari's ministry, which has projected a revenue deficit of over Rs 37,000 crore, needs to practise fiscal discipline.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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