road-and-transport-news
Major push to Highways Sector in the country under Bharatmala
New Delhi: The Ministry of Road Transport and Highways is all set to construct a total of 24,800 km of National Highways under the proposed Phase-I of Bharatmala Pariyojana. The Public Investment Board has already cleared the proposal for Bharatmala Pariyojana and CCEA proposal for the same is under inter-ministerial consultations, Minister of State for Road Transport and Highways, Shri Mansukh Mandaviya stated in a written reply in the Rajya Sabha yesterday.
He also informed that the Ministry of Road Transport & Highways has identified 208 sites for construction of Road Over Bridges (ROB) on National Highways under a separate Setu Bharatam Scheme of Ministry. He further added that the Ministry has launched an Indian Bridge Management System (IBMS) for inventory and condition survey of bridges on all National Highways across the country which has already completed survey of 1,62,022 bridges including 1,26,233 culverts.
In a separate written reply, Shri Mansukh Mandaviya informed the House that at present, 1457 number of Highway development projects covering a length of 45,830 km with an estimated cost of Rs. 4,03,249 crores are under execution in the country.
There are delays in some of the projects mainly due to problems in land acquisition, utility shifting, non-availability of Soil/Aggregates, Poor performance of contractors, Environment/ Forest/Wildlife Clearance, ROB & RUB issue with Railways, Public agitation for additional facilities, Arbitration/contractual disputes with contractors etc.
In this regard, regular meetings are held with project developers, state governments and contractors in Head Quarter as well as in Regional Office. To expedite completion of these projects various steps are also taken which include streamlining of land acquisition & environment clearances, exit for equity investors, premium re-scheduling, close coordination with other Ministries, revamping of dispute resolution mechanism, frequent reviews at various levels .
News Must Read
- NCL General Manager (Finance) D Sunil Kumar recommended for SECL Director (Finance)
- Bank of Maharashtra Q4 results, Net Profit increased by 44.95 percent to Rs 1,218 crore
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- LIC cuts stakes in major PSU stocks
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station