In written reply to Rajya Sabha, Highways Minister Nitin Gadkari says NHAI's debt was Rs 3.07 lakh crore on 31 March 2021, up from Rs 2.49 lakh crore in March 2020.
By 2024, India’s road infrastructure will be comparable to US & Europe, with access-controlled expressways, public transport running on electricity, Nitin Gadkari said at ThePrint's Off the Cuff.
Standing Committee on Transport, Tourism & Culture has also said it is ‘distressed’ to note NHAI’s Rs 97,000-crore debt servicing liability in the coming years.
The two highways are part of 22 greenfield expressways the govt has proposed to build. A third, between Amritsar and Jamnagar, will be completed by March 2023.
The revised Model Concession Agreement for BOT (toll) projects seeks to plug delays by imposing a deadline on NHAI and incentivising timely work by concessionaires.
A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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