Dealers have started getting circulars from state transport departments with different sets of deadlines to close the registration process for BS-IV models.
Financing problems hit highways and rural roads
Addressing an event at Manesar in Haryana's Gurgaon district, he also said the expressway will cut the travel time between Delhi to Mumbai by almost half
Senior officials of the ministry, NHAI, state governments, contractors, concessionaires, and consultants attended the review meeting
Additional Solicitor General A N S Nadkarni, appearing for the Centre, referred to the affidavit and said the Delhi government should pay the dues.
The objections and suggestions received in respect of the said draft rules have been duly considered by the central government; before notifying the amendments, the statement said
At every toll plaza pan India one hybrid lane will remain operative for the vehicles from both directions
Gadkari said his ministry is getting around Rs 14,000 crore to fix problems in the "black spots" of highways where repeated accidents take place.
IRB Infrastructure Developers was the first private company in the sector to come out with an INvIT
The Reserve Bank Governor gave a clear direction that we don't have any problem if banks are ready to finance for 30 years for infrastructure projects.
The Ministry of Road Transport and Highways had earlier announced that from December 1, toll payments on highways would be accepted through FASTags only
After December 1, non-FASTag users will be charged double the fee if they pass through FASTag-only lanes
He said 537 toll plazas have become 100 per cent electronic toll collection compliant including 17 where FASTags will be read through hand-held devices
He said that currently, 1,407 projects involving 50,016 km of national highways was underway worth Rs 5.72 lakh crore
Road accidents cost India 3 to 5 per cent of GDP every year, and are avoidable if the country improves its roads and city planning, train its drivers better, and enforce traffic laws
Toll fee collection from the highway projects developed under the hybrid annuity model is the responsibility of the government/authority.
Approximately 9 million vehicles, of which 75 per cent are two-wheelers, will be due for scrapping by next year, the tribunal had said
NHAI is looking at developing a system for capturing returns on appreciation in land value along developed national highways projects, said the Union Minister
The PMO also suggested that the NHAI monetise its road assets base through toll-operate-transfer (TOT) auctions
The Ministry of Road Transport and Highways also advised states to either minimise the road tax for EVs or exempt them from paying road tax for vehicle registration