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Government targets road construction worth Rs.15 lakh crore in next two years

Newdelhi:1/5/21:Minister for Road Transport & Highways and Micro, Small and Medium Enterprises, Shri Nitin Gadkari said that the Government is giving utmost priority to the development of infrastructure and has set a target of road construction of worth Rs.15 lakh crores in next two years.

Shri Gadkari was confident that the Ministry for Road Transport & Highways will achieve the target of 40 kilometers per day of highway construction in the current fiscal. He said that the Government is permitting 100% FDI in the road sector.

The Minister said that in India, projects like the National Infrastructure pipeline for 2019-2025 are the first of its kind and the government is committed to providing world-class infra to its citizens and improving the quality of their lives. He said that under the NIP, there are over 7,300 projects to be implemented at a total outlay of Rs. 111 lakh crore by the year 2025. He said that the NIP aims at improving project preparation, and attract investment into infrastructures like highways, railways, ports, airports, mobility, energy and agriculture, and rural industry.

Addressing the Indo–U.S. Partnership Vision Summit through video conferencing yesterday, the Minister said that in the new era of bilateral relations, the national interests of India and the United States are converging and there is growing confidence between both the administrations that all outstanding trade issues will be resolved and major trade agreements will be signed soon. The Minister invited the U.S. companies to invest in infrastructure and MSME sectors in India.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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