Business Standard

Ministry Of Road Transport And Highways

Govt notifies new vehicle insurance rates, will be applicable from June 1

A discount of about 15% and 7.5% on the premium has been allowed for electric and hybrid electric vehicles, respectively

Govt notifies new vehicle insurance rates, will be applicable from June 1
Updated On : 01 Aug 2023 | 5:32 PM IST

Govt aims to build 18,000 km of highways in FY23, says Nitin Gadkari

The government is committed to expanding the national highway network across the country with the aim of constructing 18,000 km of highways in 2022-23 at a record speed of 50 km per day, said Gadkari

Govt aims to build 18,000 km of highways in FY23, says Nitin Gadkari
Updated On : 12 May 2022 | 6:39 PM IST

India's port ministry finalises guidelines for reviving stressed projects

Ministry of Ports, Shipping and Waterways has finalised guidelines for early resolution of stuck public private partnership projects at major ports, an official statement said on Wednesday. According to the statement, the aim of the guidelines is to facilitate revival of the projects falling in the category of stressed assets, and these guidelines will pave the way for resolution of the cases under arbitration. "The port asset is likely to be put to use through rebidding," it said, adding that the move will result in unlocking the blocked cargo handling capacity of approximately 27 million tonne per annum (MTPA). It will create better trade opportunities for prospective investors and the port authority will start generating revenue. The statement noted that the early resolution of stuck projects will repose confidence in investors and concessionaires, apart from creating job opportunities. In the past decade, the Centre had invited private investments into the sector and several .

India's port ministry finalises guidelines for reviving stressed projects
Updated On : 11 May 2022 | 8:58 PM IST

Govt aims to develop vehicle scrapping facilities within 150 kms of cities

Gadkari noted that the road transport and highways ministry has designed the vehicle scrapping policy in a way that allows all types and sizes of investors to come and establish scrapping centres

Govt aims to develop vehicle scrapping facilities within 150 kms of cities
Updated On : 07 May 2022 | 2:42 PM IST

Number of EVs in India will go up to 30 mn in next 2 years: Gadkari

"In the electric scooter segment, there are about 250 startups that are working right now and they have really made good scooters and all are heavily booked," said Gadkari

Number of EVs in India will go up to 30 mn in next 2 years: Gadkari
Updated On : 07 May 2022 | 6:59 AM IST

Nitin Gadkari inaugurates seven NH Projects worth Rs 5,569 cr in Aurangabad

Gadkari said in the construction of roads, many ponds have been constructed on the lines of Buldhana pattern and the soil and stones have been used for the construction of roads

Nitin Gadkari inaugurates seven NH Projects worth Rs 5,569 cr in Aurangabad
Updated On : 24 Apr 2022 | 5:01 PM IST

2-wheeler EV fires shake up nation, govt applies emergency brakes

Union Road Transport and Highways Minister Nitin Gadkari said in a tweet thread that companies may take advance action to recall all defective batches of vehicles immediately

2-wheeler EV fires shake up nation, govt applies emergency brakes
Updated On : 22 Apr 2022 | 12:13 PM IST

Govt mandates vehicles' fitness testing via automated stations from 2023

The government has made fitness testing of vehicles through Automated Testing Stations (ATS) mandatory in a phased manner starting April next year.

Govt mandates vehicles' fitness testing via automated stations from 2023
Updated On : 07 Apr 2022 | 3:01 PM IST

Highway construction slows down to 28.64 km a day in FY22: Official

India's national highway construction slowed to 28.64 km a day in 2021-22 due to Covid-19 pandemic related disruptions and a longer-than-usual monsoon, Union Road Transport and Highways Secretary said

Highway construction slows down to 28.64 km a day in FY22: Official
Updated On : 06 Apr 2022 | 10:19 PM IST

MoRTH asks DRDO's fire safety arm CFEES to probe Ola scooter case

Investigation will also cover Praise Pro electric scooter of Okinawa Scooters, which in a separate incident in Tamil Nadu, also caught fire and reportedly caused two deaths

MoRTH asks DRDO's fire safety arm CFEES to probe Ola scooter case
Updated On : 29 Mar 2022 | 4:12 PM IST

Raised Rs 8,361 cr from highway monetisation in FY22, Gadkari tells RS

This is about 64% of the targeted revenue of Rs 13,000 cr for the current financial year that comes to a close in two weeks

Raised Rs 8,361 cr from highway monetisation in FY22, Gadkari tells RS
Updated On : 17 Mar 2022 | 12:12 AM IST

Auto cos will begin manufacturing flex-fuel vehicles within 6 mths: Gadkari

Flex-fuel, or flexible fuel, is an alternative fuel with a combination of gasoline and methanol or ethanol

Auto cos will begin manufacturing flex-fuel vehicles within 6 mths: Gadkari
Updated On : 12 Mar 2022 | 7:02 PM IST

Govt targeting construction pace of 50 km/day for NH, says Gadkari

Union minister Nitin Gadkari on Saturday said the government is targeting a pace of 50 km per day for national highways' construction in the country, and expressed hope that the pace in the current fiscal year will be higher than that in 2020-21. Addressing 'ET Global Business Summit' virtually, Gadkari said the government is giving highest priority to developing the road network near the border areas of Arunachal Pradesh, Himachal Pradesh and Jammu & Kashmir. "Now, we want to go up to (construct) 50 km per day (highway)," he said. The pace of national highway (NH) construction in the country touched a record 37 km per day in 2020-21. The road transport and highways minister said, this week he has signed a file to award contracts for construction of 1,000 km highway. Gadkari said due to COVID-induced disruptions, National Highways Authority of India (NHAI) and National Highways and Infrastructure Development Corporation Ltd (NHIDCL) faced some problems. "But still for this ...

Govt targeting construction pace of 50 km/day for NH, says Gadkari
Updated On : 12 Mar 2022 | 6:18 PM IST

Want to use AI for road safety and better mobility: Nitin Gadkari

Says aim is to use the technology for enforcement purposes in cities where state govts or civic bodies are falling short

Want to use AI for road safety and better mobility: Nitin Gadkari
Updated On : 07 Mar 2022 | 7:42 PM IST

Multi-modal Logistics Parks: What they are and why they're needed

A dive into the logistics challenges involved in setting them up, and the how the parks will work once up

Multi-modal Logistics Parks: What they are and why they're needed
Updated On : 04 Mar 2022 | 10:10 PM IST

Karnataka: Gadkari lays foundation for 5 highway projects worth Rs 3,972 cr

The five projects are: Belagavi-Sankeshwar bypass, Sankeshwar bypass up to Maharashtra border, Chorla-Jamboki-Belagavi, Vijayapura-Muragundi (NH 548B) and Siddapura-Vijayapura(NH 561A)

Karnataka: Gadkari lays foundation for 5 highway projects worth Rs 3,972 cr
Updated On : 28 Feb 2022 | 7:31 PM IST

Gadkari lays foundation stones of 11 NH projects worth Rs 5,722 cr in MP

According to the statement, the minister said Ujjain-Dewas Industrial Corridor will develop and new opportunities for employment generation will be created

Gadkari lays foundation stones of 11 NH projects worth Rs 5,722 cr in MP
Updated On : 25 Feb 2022 | 12:00 AM IST

Nitin Gadkari promises US-like roads in Madhya Pradesh in five years

Air buses can ply over 30 to 40 km to bring devotees to the Mahakal temple, he said, adding that Madhya Pradesh Chief Minister Shivraj Singh Chouhan has demanded an air bus service

Nitin Gadkari promises US-like roads in Madhya Pradesh in five years
Updated On : 24 Feb 2022 | 7:17 PM IST

Highway projects worth Rs 3.36 trn sanctioned in 3 years to FY21: Govt

In a written reply to the Rajya Sabha, the Road Transport and Highways Minister said that time for the completion of a project is generally kept two-three years from the date of the award

Highway projects worth Rs 3.36 trn sanctioned in 3 years to FY21: Govt
Updated On : 09 Feb 2022 | 5:53 PM IST

Will raise money from small investors for road projects: Nitin Gadkari

He added that foreign investors are now making a beeline to invest in Indian road projects but clearly stated a lack of interest on his side to engage

Will raise money from small investors for road projects: Nitin Gadkari
Updated On : 05 Feb 2022 | 5:06 PM IST