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English Release 31-October 2014
Date Month Year
  • President's Secretariat
  • Education will be the single biggest transformative factor in catapulting India into the league of developed nations, says President
  • President of India congratulates Pankaj Advani on achieving 12th world title in Leeds
  • President pays floral tributes to Sardar Vallabhbhai Patel
  • Prime Minister's Office
  • Text of PM’s address at 'Run For Unity' at Rajpath on the occasion of Rashtriya Ekta Diwas
  • PM receives personal belongings of Sardar Patel, on his 139th birth anniversary
  • Sidelights – Run For Unity Event at Rajpath, New Delhi
  • PM flags off, joins Run For Unity on Sardar Patel Jayanti
  • PM remembers Smt. Indira Gandhi on her Punya Tithi
  • PM pays tributes to Sardar Patel on his birth anniversary
  • Min of Agriculture
  • Kharif Rice Area Coverage
  • Min of Commerce & Industry
  • Index of Eight Core Industries (Base: 2004-05=100), September, 2014
  • Department of Commerce calls for creative participation for India’s participation at Hannover Messe
  • Min of Defence
  • Indian Warships Visit to Port Louis
  • Ministry of Finance
  • Rajiv Mehrishi takes over as Secretry, Department of Economic Affairs, Ministry of Finance
  • Min of Home Affairs
  • Text of Home Minister's speech at NPA, Hyderabad
  • Cyber Crime Prevention Strategy will be Strengthened: Home Minister Shri Rajnath Singh
  • Home Secretary Administers Rashtriya Ekta Diwas Pledge
  • “Police Stations should become Temples of Justice,” says Rajnath Singh
  • Min of Parliamentary Affairs
  • Standing Committee on Railways invites suggestions on Railways(Amendment) Bill, 2014
  • Min of Personnel, Public Grievances & Pensions
  • Central Armed Police Forces (Assistant Commandants) Examination, 2014 Declaration of Result of Written Part
  • Min of Petroleum & Natural Gas
  • Constitution of Steering Committee for successful implementation of “Make in India” campaign in the Oil and Gas Industry.
  • Global crude oil price of Indian Basket was US$ 84.77 per bbl on 30.10.2014
  • Min of Road Transport & Highways
  • Institute of Driving Training & Research to be inaugurated tomorrow at Pune
  • Electronic Toll Collection System makes Delhi-Mumbai Drive Faster and Cheaper
  • Ministry of Water Resources
  • Storage Status of 85 Important Reservoirs of the Country as on October 30, 2014
  • Min of Women and Child Development
  • SRB to be raised by 10 basis points every year

Previous Date

 
Ministry of Road Transport & Highways16-April, 2013 17:32 IST
Dr. C.P. Joshi Sets Target for Revival of Road Construction Sector 7300 Km of National Highways to be Awarded During 2013-14 More Than 50% Projects to be taken up on EPC Mode

Dr. C.P. Joshi, the Union Minister of Road Transport and Highways, reviewed here today the plan for award and completion of road works during the current Financial Year (FY) 2013-14. The plan has been prepared by Ministry of Road Transport and Highways (MoRTH) along with National Highways Authority of India (NHAI). The thrust of the review meeting aimed at identifying steps for restoring the pace of award of road projects in the coming year. As a part of this exercise, scheme-wise targets were set for each month of the financial year. The Ministry is now looking beyond the target of award of 3,000 kms on National Highways in the first six months as announced by the Finance Minister in his budget speech. Accordingly, Dr. C.P. Joshi has finalised an initial target for the Ministry/NHAI of 3800 kms in the first six months. For the FY 2013-14, the internal target has been fixed at 9000 km of National Highways so as to ensure award of at least 7300 km during the year.

The target set by MoRTH for the current FY factors into account the subdued market sentiments and the tepid response to bids in respect of PPP projects. The strategy aims at striking a balance between the projects on PPP mode and thus supported through the budget. The plan envisages more than 50% of the projects to be taken up on Engineering Procurement Construction (EPC) mode. This approach aims at rejuniuvating the road construction industry.

The review meeting comes in the back drop in an extremely challenging period last year where award of road projects declined to 1933 kms on account of several impediments. The impediments included lack of equity with road construction companies, and the overall economic environment which affected sentiments including that of lenders.

Despite the poor response for award of road projects during the last financial year and failure on the part of concessionaire to achieve financial closure, the Ministry is targeting completion of 4500 km of road length during the current year under its flagship schemes of NHDP, SARDP-NE and Left Wing Extremism (LWE) which is more than the record achievement of 4250 km during the last financial year.

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AT
(Release ID :94718)

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