The asset monetisation target for the road ministry is Rs 30,000 crore, and the ministry had already monetised assets worth Rs 17,000 crore when the NMP was launched
While the Centre has taken FCI's debt on to its books, the NHAI debt load is not only larger, but also has different dynamics altogether
The investment opportunities are across multiple asset classes such as highways, multimodal logistics parks, wayside amenities, ropeways and warehousing zones
He said a new national highway, to be constructed at a cost of Rs 40,000 crore, will link Surat in western state of Gujarat to South India
Nitin Gadkari on Friday said his aim was to make the Indian automobile industry number one in the world
The Road Transport and Highways minister further said that subsequently, more national highways will be added to the InvIT portfolio.
Over Rs one trillion is being spent only for tunnels in Ladakh, and Jammu and Kashmir
If you are planning to move to a different state and happen to own a vehicle, you need not fret about paperwork. Now there is the BH-series vehicle registration. Let's understand how it works
The number of registered vehicles in India rose by 41 per cent to 296 million in 2019 from 210 million in 2015, according to the Road Transport and Highways ministry data
But construction work on some stretches in Gujarat hits a speed bump
A vehicle bearing this registration mark will not require a new registration mark when the owner of the vehicle shifts from one state to another
The total indicative monetisation value of assets considered for monetisation is estimated at Rs 1.6 trillion from FY22 to FY25
The Union Ministry of Road Transport and Highways on Thursday approved inclusion of the ambitious Atal Progress-Way project of Madhya Pradesh in the Bharatmala Pariyojana (BMP) phase 1
Borrowing up seven times in five years, growing at a CAGR of 47.6 per cent from Rs 45,300 crore at the end of March 2016
The Ministry of Road Transport and Highways has issued a notification dated 14th June, 2021, for a common format of the PUC Certificate to be issued across the country
The government on Thursday extended validity of motor vehicle documents like driving licence (DL), registration certificate (RC) and permits till September 30, 2021, in view of the ongoing pandemic
Ministry of road transport and highways has issued a draft notification proposing to exempt battery operated vehicles (BOV) from payment of fee for issue or renewal of registration certificate (RC)
Road transport & highways ministry charges a 10x toll rate for major bridges, structures
The Ministry of Road Transport and Highways has notified certain changes in the Central Motor Vehicles Rules to facilitate the owner of vehicle for nominating a person in the registration certificate
In case the vehicle is registered against submission of 'certificate of vehicle scrapping', the concession in motor vehicle tax will be upto 25 per cent in case of non-transport vehicles