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Construction : Web Exclusive | January 2013 | Source : Construction Update

Govt to hold meet over GMR exiting Rs 7,500 cr project

To study the reasons for the exit of GMR from a National Highways project, a meeting of senior officials, including secretaries and joint secretaries will be convened, Union Minister of State for Road Transport and Highways Sarve Sathyanarayana said in Coimbatore on January 9 . GMR has exited from the Rs 7,500 crore project alleging delay in statutory approvals.

Satyanarayana a leading news agency that the issue would be discussed and could be solved amicably. Sathyanarayana was in Coimbatore to participate in 73rd Annual Session of Indian Roads Congress. He said if need be, he would also discuss the matter with GMR and others since road projects were very important for the development of the country.

Prime Minister Manmohan Singh has laid out a plan for constructing 17,000 km of roads in another two years, he said. On the reported fleecing at toll gates, the minister said he would look into the issue and the government will not allow the contractors take undue advantage of the common man.

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