Roads Ministry aims to spend over 90% capex by December

Roads Ministry aims to spend over 90% capex by December

New Delhi: The Road Transport and Highways Ministry aims to spend over 90% of its ₹2.59 lakh crore capital expenditure (capex) earmarked in Budget 2023-24 by December 2023, officials aware of the matter told ET. This expenditure will be for developing roads across the country with an aim to complete 310 National Highways (NH) projects … Read more

Finance ministry relaxes norms to boost public spending

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In a bid to spur public spending, the Finance ministry has provided one-time relaxation in the spending guidelines for January-March quarter to enable central ministries and departments to expedite capital expenditure, according to an office memorandum issued on Thursday. However, the spending ceiling should not exceed the revised estimates, it said. As per the spending … Read more

Australia news live updates: teachers, train and bus drivers go on strike in NSW

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Teachers say the government has failed to address unsustainable workloads, uncompetitive salaries and staff shortages, while transport workers walk off over a dispute over pay and conditions. Follow all the day’s developments Get our free news app; get our morning email briefing Now, as you might remember, the talk of the town is that the … Read more

Australia news updates live: bus and train drivers strike in NSW, flood warnings for parts of Queensland

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Good morning, everyone! It’s Matilda Boseley here, back on the blog with you this morning. I hope you all had a relaxing weekend and are ready for another week of news. At least parliament is over for the year, so I mean, the news can’t be that bad! Right? Right! First up, if you are … Read more

Road transport responsible for 15% of global emissions; automakers, 31 nations pledge to phase out petrol-diesel cars by 2040

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The transport sector is responsible for more than fifth of total global emissions (PTI image) Twenty years down the road, vehicles running on petrol and diesel will cease to exist from roads in 31 countries. Six large automobile makers have joined hands with these 31 countries to end the sale of cars, buses running on … Read more

India will hopefully get highways of American standard in next three years: Nitin Gadkari

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National highways are being constructed at a very fast pace under the leadership of Prime Minister Narendra Modi and the entire country can hope of getting highways of an American standard in the next three years, Union Highways and Road Transport Minister Nitin Gadkari said on Saturday. He also said that 38 km of roads … Read more

National highway construction jumps 73.5% to 1,470 km in April-May

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The road transport and highways ministry has constructed 1,470 km of national highways in the current financial year so far, an increase of 73.5 per cent as compared to the year-ago period. The ministry in a tweet said it had constructed 847 km of highway in the April-May 2021 period. The ministry awarded national highway … Read more

Highway ministry steps up monitoring of projects for timely completion

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Top officials, including the cabinet secretary, are directly monitoring projects. Synopsis The Ministry of Road Transport and Highways in November received an additional allocation of `10,000 crore from the finance ministry, and the exercise will ensure that the funds are utilised by March-end, a senior government official told ET. New Delhi: The highways ministry has … Read more