Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

High On Highway

Business Today

|

September 09, 2018

India is building roads at a frenetic pace. The dream of building 40 kilometres a day is within the realm of possibility now.

- Sumant Banerji

High On Highway

WHILE TAKING CHARGE of the Ministry of Road Transport and Highways in May 2014, Nitin Jairam Gadkari set himself and his ministry an audacious target — to raise the pace of road construction in the country to 40 kilometres (KM) a day. This amounted to a four-fold increase from 8.7 KM per day in 2013/14, which was around a seven-year low.

A spate of reforms has ensured that this ‘impossible’ target is now within reach. Over the last four years, road construction has picked up pace from 12 KM per day in his first year (2014/15) of the NDA government to almost 27 KM a day in 2017/18. For this fiscal, the last of this government’s five-year tenure, the target is 45 KM per day.

“We achieved the highest ever award of 51,073 km of National Highway projects and highest ever construction of 28,531 km over a four-year period from 2014/15 to 2017/18. Construction of National Highways has more than doubled to over 27 km a day and the total investment in the sector has increased by 2.5 times,” says Gadkari.

Developing modern high-speed highways crisscrossing the country is a sure-shot way to develop the countryside. India has a total road network of 5.6 million KM of national and state, urban and rural roads, the second largest in the world. National highways account for 2 per cent of this network but carry over 40 per cent of overall traffic. Led by high investment from the public exchequer, it has also given a boost to the infrastructure sector. Government investment in highways more than doubled from ₹32,000 crore in 2014/15 to nearly ₹65,000 crore in 2017/18. It is proposed to be increased by 9.4 per cent to ₹71,000 crore in the current fiscal year.

FLERE HISTORIER FRA Business Today

Business Today India

Business Today India

BREAKING THE SILICON CEILING

INDIA'S FIRST COMMERCIAL FAB IS FINALLY TAKING SHAPE, BUT BUILDING A RESILIENT SEMICONDUCTORS BASE WILL TAKE FAR MORE THAN JUST CAPITAL

time to read

10 mins

September 28, 2025

Business Today India

Business Today India

WAITING FOR THE IPO WINDFALL

LIGHTSPEED HAS QUIETLY EVOLVED ALONG WITH INDIA'S START-UP STORY, ARMED WITH A $2.3 BILLION PLAYBOOK. NOW, IT AWAITS THE ULTIMATE PRIZE: A MARKET-DEFINING IPO

time to read

7 mins

September 28, 2025

Business Today India

Business Today India

RIGHT ON TARGET

TARGET MATURITY FUNDS ARE A GOOD OPTION FOR PREDICTABLE RETURNS BUT IT'S IMPORTANT TO LOOK AT THE INDEX COMPOSITION AND CREDIT RATINGS OF ENTITIES WHOSE SECURITIES ARE INCLUDED IN THE BENCHMARK

time to read

6 mins

September 28, 2025

Business Today India

Business Today India

TO A GOOD TIME

DISCOVER THE CRISP, CITRUSY OR BITTER WORLD OF BEER THROUGH HOMEGROWN BRANDS

time to read

3 mins

September 28, 2025

Business Today India

Business Today India

PASSING THE BATON

INDIA'S FAMILY BUSINESSES ARE REWRITING THE RULES OF SUCCESSION—ELEVATING PROFESSIONALS, BUILDING FAMILY OFFICES, AND SEPARATING LEGACY FROM MANAGEMENT

time to read

6 mins

September 28, 2025

Business Today India

Business Today India

A RARE SHIFT

AS THE SHORTAGE OF RARE-EARTH MAGNETS TURNS INTO A FULL-BLOWN CRISIS WITH CHINA'S IMPORT RESTRICTIONS, DOMESTIC PLAYERS ARE LOOKING BEYOND TO SUCCEED WITH THEIR EV PLANS

time to read

5 mins

September 28, 2025

Business Today India

Business Today India

Put energy where you can be the best

PARTHA BASU | MD, ASHIRVAD BY ALIAXIS

time to read

1 mins

September 28, 2025

Business Today India

Business Today India

Thematic Investing: Spotting Structural Themes Before They Become Mainstream

It's a truth well acknowledged in the markets, that extraordinary wealth is created when the investors spot a powerful theme before it captures the imagination of the crowd. To ride such a wave in its infancy, is to participate in returns—so outsized that they defy neat calculation.

time to read

2 mins

September 28, 2025

Business Today India

Business Today India

INDIA'S ETHANOL DILEMMA

INDIA ACHIEVED A 20% ETHANOL BLENDING IN PETROL THIS YEAR, FIVE YEARS AHEAD OF SCHEDULE. WHILE IT IS AN IMPORTANT STEP TOWARDS REDUCING CRUDE OIL IMPORTS, AUTO OWNERS ARE COMPLAINING ABOUT REDUCED MILEAGE AND DAMAGED ENGINES. DOES INDIA'S ETHANOL POLICY NEED A TWEAK?

time to read

7 mins

September 28, 2025

Business Today India

Business Today India

"GST cut is the manifesto of 1.4 billion Indians"

Finance Minister Nirmala Sitharaman on GST rate cuts, lessons from Covid-19, and more

time to read

7 mins

September 28, 2025

Translate

Share

-
+

Change font size