22 October 2019

Table of Contents for Ticker Tapes





Ticker Tape-Infrastructure

Rs.3 LAKH CR ROAD PROJECTS ANNOUNCED

The Centre has announced plans to award road projects worth Rs.3 lakh crore this year. The new projects to be awarded either through the PPP or hybrid of EPC mode in the next six months are in line with the government’s initiative to construct 30 km of roads per day. In addition, the government also plans to build 5,000 km of road network along  the borders and coastal areas under a new Rs.50,000 crore scheme called ‘Bharat Mala’,  In addition, the NDA government has also announced the 1,000 km Chaar Dhaam Yatra project to connect the four holy towns of Yamunotri, Gangotri, Kedarnath and Badrinath with highways at a cost of Rs.11,000 crore.

 

RUSSIAN SUPPORT FOR INDIA’S HIGH-SPEED RAIL

The Russian government has extended its support to execute high-speed railway projects in India. Vladimir Yakunin, the President of Russian Railways expressed his government’s interest to join hands with the Indian railways for high speed rail link projects. Russia has already several high-speed rail links and plans to set up over 4,000 km of lines which can run trains at 400 km per hour. Additionally, around 7,000 km of fast line capable of running trains at 140 km to 200 km per hour will be built.

 

Rs.234.64 CR FOR GADCHIROLI RAIL LINK

The Maharashtra state cabinet has approved a fund of Rs. 234.64 crore for the Wadsa Desaiganj-Gadchiroli rail link project. While the budget will part fund the project, the remaining half will be invested by the railways. The project aims to provide connectivity to the most backward and naxalite affected districts of Vidarbha. The project, involving a total cost of Rs.469.27 crore, is expected to be completed in the next five years and involves construction of 52.86 km rail line. 

 

JNPT TO BUILD SATELLITE PORT

The Jawaharlal Nehru Port Trust has decided to build a satellite port at Wadhwan near Dahanu, bordering Gujarat. The new port worth Rs.10,000 crore will ease congestion at JNPT, which is close to Mumbai. JNPT will hold a 74 per cent stake in the proposed port project while the Maharashtra Maritime Board (MMB), owned by the state government, will hold the rest. The Washwan port is expected to have a capacity of 40-60 million tones. While JNPT will build the port, tenders will be invited for private firms to operate it. The proximity to the upcoming dedicated freight corridor and Delhi-Mumbai industrial corridor is expected to ensure captive cargo for the project.

 

ROAD CONNECTIVITY FOR INTERIOR AREAS

Aiming to establish effective hinterland connectivity through road networks, the Central Government plans to construct 2000 km of projects to connect the interior regions. As a part of this scheme 123 district headquarters has been identified which are not connected to the National Highway networks. The projects will be executed under the National Highway Development Programme. The project will connect underdeveloped areas in states like Uttar Pradesh, Madhya Pradesh, Gujarat and Rajasthan to the National Highways.

 

NHDCL FOR Rs.1.3 LAKH CR ROAD PROJECTS  

The National Highways and Infrastructure Development Corporation (NHIDCL) has decided to soon award projects worth Rs.1.3 lakh crore over the next five years. The projects aim to establish effective road connectivity in the tough terrain conditions including border areas. Apart from this, the state run company has also set a target to award projects worth Rs.1,30,000 crore including 10,000 km of highways and 2,000 bridges. In addition, the company plans to award road projects worth Rs.14,599 crore in Assam, Arunachal Pradesh, Meghalaya, Sikkim and Nagaland in the current fiscal

 

INFRASTRUCTURE DEVELOPMENT IMPROVING

India bettered its infrastructure performance in 2014-15 from the previous fiscal, as production of inputs including power, steel, coal and cement moved up. As per the Ministry of Statistics & Programme Implementation (MoSPI) among the other areas which displayed improvement are fertiliser, refinery, goods traffic carried by railways, cargo handled at major sea ports, airports and net addition in telephone switching capacity.

 

BIHAR SEEKS NEW AIRPORTS

Eyeing to enhance the state’s air connectivity, the Bihar government has sent a proposal to the Union Civil Aviation Ministry for constructing new airports in the region. Darbhanga and Purnia are the proposed areas identified by the state government for the development of new airports. Apart from this, the government has also emphasised on fast tracking the expansion of Patna airport. Though the state has made land available for airport expansion at Bihta in south Patna and 1,500 acre between Pawapuri and Nalanda, the projects have not seen any action yet.




Leave a Comment

Name  
Email Address
(will not be published)    
Website
Comment