Good roads, alternative fuel to lower India’s logistics cost to 9%: Gadkari
Gadkari said at a FICCI event that good road infra, coupled with alternative fuel, will lower India’s logistics cost to 9%.
Gadkari said at a FICCI event that good road infra, coupled with alternative fuel, will lower India’s logistics cost to 9%.
Construction in the month of April this year at 578 kilometres is down from 853 kms constructed in the same month last year.
Quoting the advantages of the PPP model, Gadkari mentioned that 55 flyovers, and Mumbai-Pune expressway were implemented on PPP basis in 1995.
The slowing pace of highway construction despite large number active contracts is a cause of concern.
The Essel Group wanted a time extension to fetch better value for its assets including roads, green energy, and its flagship Zee Entertainment Enterprises.
The road transport and highways minister appealed to automobile companies to adopt cleaner public transport systems.
A central government’s ambitious plan to develop over 66,100 km of highways, will start getting awarded from December 2018, with a view to complete them by 2021.