Thursday 10 March 2016

Road Construction India over the next few years

Road Construction 30 km a day
The Govt has set a road construction target of 30km a day in 2 years. Rs. 5 Lakh Crore investment would be made.
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"... According to sources, the ministry has an ambitious target to award about 40,000 km of national highways during the next five years to push road construction. ... the government would provide all possible support to the industry including lowering interest rate on loans to execute more projects through the public-private-partnership (PPP). ..."
"... by International Road Federation ... while the government's focus is to build more roads to improve mobility, it is determined to lower the number of deaths due to crashes. "There are five lakh road accidents in which 1.5 lakh people lose their lives... decided to provide 50% financial assistance to all one million-plus cities, if they under take research and study on how to make its roads safe," ..."
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Find this at http://timesofindia.indiatimes.com/india/Govt-sets-road-construction-target-of-30km-a-day-in-2-years/articleshow/45904696.cms .

Read also about the Road Transport and Safety Bill. The Law is being overhauled.

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