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Construction : Transport Update | December 2015 | Source : CW-India

Govt to reboot 34 road plans

The government has permitted the National Highways Authority of India (NHAI) to compensate road developers for delays not attributable to them potentially unlocking an investment of nearly Rs 35,000 crore in 34 stalled projects. The government has also empowered the Road Transport and Highways Ministry to approve projects with a civil construction cost of up to Rs 1,000 crore, approving a proposal to take out land costs from to speed up decision-making.

Contact: Government of India.

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