LIVE MARKET TRACKER :   BSE SENSEX   33053.04      |    NSE NIFTY 10192.95    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Economy  :  Road ministry estimates fund requirement of Rs 6.92 lakh crore over 5 years for NHs

Road ministry estimates fund requirement of Rs 6.92 lakh crore over 5 years for NHs (26-Jul-2017)

For the development of National Highways (NHs) in the country, the Ministry of Road Transport and Highways has estimated a fund requirement of about Rs 6.92 lakh crore during the next five years. This requirement will be met from the Gross Budgetary Support of the Ministry, the Central Road Fund, Toll remittance, Monetization of National Highways through Toll-Operate-Transfer (TOT) model, external borrowings by National Highway Authority of India and private sector investment.

Minister of State for Road, Transport and Highways, Mansukh Lal Mandavia has said that the estimated fund requirement for development of NHs/roads under various schemes and proposed phase 1 of Bharatmala Pariyojna is about Rs 6,92,324 crore up to financial year 2021-22. The estimated share of private sector investment and expected monetisation through TOT route during this period are about Rs 1,06,000 crore and about Rs 34,000 crore respectively, total of these form about 20.22 percent of total estimated fund requirement of Rs 6,92,324 crore.

The Ministry has identified 208 level crossings on National Highways for construction of Road Over Bridges (ROBs) under Setu Bharatam Scheme and feasibility study of 87 ROB projects has been completed so far. The government has envisaged to increase the existing National Highway network of 1.15 lakh km in the country to 2 lakh km. Besides, the government encourages the use of plastic waste in construction of National Highways specially within 50 km periphery of the urban areas having population of five lakh or more. However, at present, no National Highway has been constructed using plastic waste.



Top News Today
Talwalkars commences construction of first leisure club in Pune
(13-Dec-2017)

Talwalkars commences construction of first leisure club in PuneTalwalkars Better Value Fitness has commenced the construction of its first leisure club in Wakad, Pune. Post the compliance of various statutory procedures, the club project has received necessary sanctions......click on news to read complete article.

NIIT features in '2017 Top 20 IT Training Company' list
(13-Dec-2017)

NIIT features in NIIT has been featured by Training Industry among 2017 Top 20 IT Training Company for the eighth consecutive year. Training Industry is one of the most trusted sources of information on the business of......click on news to read complete article.

Orchid Pharma receives ANDA approval for Aripiprazole Orally-Disintegrating Tablets
(13-Dec-2017)

Orchid Pharma receives ANDA approval for Aripiprazole Orally-Disintegrating TabletsOrchid Pharma has received ANDA approval from USFDA for Aripiprazole Orally-Disintegrating Tablets USP, 10 mg and 15 mg. Aripiprazole Orally-Disintegrating Tablets are atypical antipsychotic, indicated......click on news to read complete article.

International Stock News
US markets closed higher on Monday
(12-Dec-2017)

US markets closed higher on MondayThe US markets closed higher on Monday, with the S&P 500 index and Dow industrials closing at records on the back of a rally in telecommunications and technology shares. Wall Street shrugged off......click on news to read complete article.

Asian markets trade higher in early deals on Monday
(11-Dec-2017)

Asian markets trade higher in early deals on MondayAsian equity benchmark indices are trading higher in the early deals on Monday, lifted by encouraging employment data from the US that took the Standard & Poor's 500 Index to its third straight......click on news to read complete article.

US markets end at record highs on upbeat jobs data
(09-Dec-2017)

US markets end at record highs on upbeat jobs dataThe US markets traded with traction and ended near record high levels on Friday, as traders reacted positively to the closely watched monthly jobs report. The continued advance by stocks came following......click on news to read complete article.

 

     
  
Recent Economy News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.