Connect with us

Hi, what are you looking for?

Online Business Success

Government targets road construction worth Rs.15 lakh crore in next two years: Nitin Gadkari | Government will spend 15 lakh crore rupees in two years on road construction, 40 km highway will be built every day


  • Hindi News
  • Business
  • Government Targets Road Construction Worth Rs.15 Lakh Crore In Next Two Years: Nitin Gadkari

Fed up with Ads? Install Dainik Bhaskar App for news without ads

New Delhi3 hours ago

  • Copy link
The Union Minister also invited American companies to invest in India's infrastructure and MSME sector.  - Dainik Bhaskar

The Union Minister also invited American companies to invest in India’s infrastructure and MSME sector.

  • Gadkari said – Government committed to provide world class infrastructure to citizens
  • 7,300 projects to begin under National Infrastructure Pipeline by 2025

The central government is going to make a big investment in infrastructure in the coming times. Union Road Transport and Highways Minister Nitin Gadkari said on Saturday that the government is giving the highest priority to infrastructure development. The government has set a target of spending Rs 15 lakh crore in road construction in the next two years.

Aim to build 40 km of highway every day

Nitin Gadkari expressed confidence that the Ministry of Road Transport will achieve the target of constructing 40 km of highway every day in the current financial year. The Union Minister said that the government has approved 100% Foreign Direct Investment (FDI) in the road sector. He said that projects like National Infrastructure Pipeline (NIP) have been brought for the first time in India till 2019-2025. The government is committed to providing world-class infrastructure to the citizens of the country and improving their lives.

7300 projects to be started by 2025 under NIP

Road Transport Minister Nitin Gadkari said that about 7300 projects will be started by 2025 under the NIP. The cost of these projects will be Rs 111 lakh crore. He said that the objective of NIP is to improve the preparation of the project and attract investment for infrastructure. The government wants to attract more and more investment in highways, railways, ports, airports, mobility, energy, agriculture and rural industries.

Advertisement. Scroll to continue reading.

US companies invited to invest

On Friday, Nitin Gadkari addressed the Indo-US Partnership Vision Summit through video conferencing. At the summit, Gadkari said that in the new era of bilateral relations the national interests of both countries are meeting. He said that the trust between the two countries is increasing on many issues including trade. Soon there will be many big trade agreements between the two countries. The Union Minister also invited American companies to invest in India’s infrastructure and MSME sector.

There are more news …

.



Source link

Click to comment

Leave a Reply

Latest

Top Stories

Shortly after approving Bitcoin (BTC) as legal tender in the Central African Republic (CAR), the local government is moving to provide the digital currency...

Online Business Success

What is the key to turning the strongest sales leads into revenue-generating contracts? Independent research suggests a strong pre-sales operation drives huge value in...

Top Stories

Three years after being ousted as CEO of WeWork, Adam Neumann has jumped on the crypto bandwagon, raising $70 million in the first major...

Top Stories

Bitcoin (BTC) could be in for a return to levels not seen since before its 2020 bull market if history repeats itself. That was...

Top Stories

The need for a clear, balanced concept of the issue was a constant theme at the panel discussion of crypto’s carbon footprint at the...

Social Media

The success of TikTok largely comes down to participatory trends, and the capacity for anyone to not only consume clips in the app, but...

Advertisement

You May Also Like

Uncategorized

Introductions get a lot of attention. I’ve explored the topic of how to write them even though as a reader, I always skip them....

SEO Guide

There are all kinds of pictures of the world on the internet, but to find one of these specific pictures that you want to...

Online Business Success

The internet is now our nervous system. We are constantly streaming and buying and watching and liking, our brains locked into the global information...

Online Business Success

You can think of link building in many ways. I like to call it tedious, painful, and a test of patience. It’s also necessary...

Advertisement