Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
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        LATEST NEWS UPDATES | Govt mulls Rs 20,000cr boost for road projects    </title>
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-The Times of India





With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.&nbsp;





The National Highways Authority of India (NHAI), which has identified..."/>
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-The Times of India





With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.&nbsp;





The National Highways Authority of India (NHAI), which has identified..." />
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The National Highways Authority of India (NHAI), which has identified these stretches, is likely to spend about Rs 15,000-Rs 20,000 crore (including land acquisition expenses) in the next two years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry insiders said that this could save the day for the government and also help rescue the highways sector from financial doldrums. In the first year (2012-13), NHAI will release around Rs 7,000 crore to private contractors for these projects. Roads that are financially unviable on toll mode would be taken up under this scheme.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Contractors would get the payment on regular intervals, based on the progress of work. So, they will have no risk and won't need to tie up finances from banks or other institutions. This will result in pumping of much needed funds for developers which they can use as equity for public private partnership (PPP) road projects,&quot; said an NHAI official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">He added that the authority was well placed to give Rs 7,000 crore in the first year as the government has allowed it to raise Rs 10,000 crore by issuing tax free bonds during this fiscal year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Last year, NHAI had raised Rs 10,000 crore. &quot;These will be taken up as turnkey projects so that there is no scope of price escalation or time overrun. As soon as we get Cabinet nod for engineer procure and construction (EPC) document, which would be the basis of awarding such projects, we will start immediate awarding,&quot; highways minister CP Joshi said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Wednesday, Planning Commission deputy chairman Montek Singh Ahluwalia suggested that the EPC document should be uploaded on the ministry website so that contractors can give their feedback before the document is finalized.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry insiders said that this could save the day for the government and also help rescue the highways sector from financial doldrums. In the first year (2012-13), NHAI will release around Rs 7,000 crore to private contractors for these projects. Roads that are financially unviable on toll mode would be taken up under this scheme.</div>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/india/Govt-mulls-Rs-20000cr-boost-for-road-projects/articleshow/14831236.cms" class="re" target="_blank">The Times of India, 12 July, 2012, http://timesofindia.indiatimes.com/india/Govt-mulls-Rs-20000cr-boost-for-road-projects/articleshow/14831236.cms</a><div class="clear"></div>
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-The Times of India





With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.&nbsp;





The National Highways Authority of India (NHAI), which has identified..."/>
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-The Times of India





With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.&nbsp;





The National Highways Authority of India (NHAI), which has identified..." />
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    <h1 class="cat-box-title">Govt mulls Rs 20,000cr boost for road projects</h1>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The National Highways Authority of India (NHAI), which has identified these stretches, is likely to spend about Rs 15,000-Rs 20,000 crore (including land acquisition expenses) in the next two years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry insiders said that this could save the day for the government and also help rescue the highways sector from financial doldrums. In the first year (2012-13), NHAI will release around Rs 7,000 crore to private contractors for these projects. Roads that are financially unviable on toll mode would be taken up under this scheme.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Contractors would get the payment on regular intervals, based on the progress of work. So, they will have no risk and won't need to tie up finances from banks or other institutions. This will result in pumping of much needed funds for developers which they can use as equity for public private partnership (PPP) road projects,&quot; said an NHAI official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">He added that the authority was well placed to give Rs 7,000 crore in the first year as the government has allowed it to raise Rs 10,000 crore by issuing tax free bonds during this fiscal year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Last year, NHAI had raised Rs 10,000 crore. &quot;These will be taken up as turnkey projects so that there is no scope of price escalation or time overrun. As soon as we get Cabinet nod for engineer procure and construction (EPC) document, which would be the basis of awarding such projects, we will start immediate awarding,&quot; highways minister CP Joshi said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Wednesday, Planning Commission deputy chairman Montek Singh Ahluwalia suggested that the EPC document should be uploaded on the ministry website so that contractors can give their feedback before the document is finalized.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry insiders said that this could save the day for the government and also help rescue the highways sector from financial doldrums. In the first year (2012-13), NHAI will release around Rs 7,000 crore to private contractors for these projects. Roads that are financially unviable on toll mode would be taken up under this scheme.</div>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/india/Govt-mulls-Rs-20000cr-boost-for-road-projects/articleshow/14831236.cms" class="re" target="_blank">The Times of India, 12 July, 2012, http://timesofindia.indiatimes.com/india/Govt-mulls-Rs-20000cr-boost-for-road-projects/articleshow/14831236.cms</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Govt mulls Rs 20,000cr boost for road projects    </title>
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-The Times of India





With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.&nbsp;





The National Highways Authority of India (NHAI), which has identified..."/>
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-The Times of India





With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.&nbsp;





The National Highways Authority of India (NHAI), which has identified..." />
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    <h1 class="cat-box-title">Govt mulls Rs 20,000cr boost for road projects</h1>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">-The Times of India</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The National Highways Authority of India (NHAI), which has identified these stretches, is likely to spend about Rs 15,000-Rs 20,000 crore (including land acquisition expenses) in the next two years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry insiders said that this could save the day for the government and also help rescue the highways sector from financial doldrums. In the first year (2012-13), NHAI will release around Rs 7,000 crore to private contractors for these projects. Roads that are financially unviable on toll mode would be taken up under this scheme.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Contractors would get the payment on regular intervals, based on the progress of work. So, they will have no risk and won't need to tie up finances from banks or other institutions. This will result in pumping of much needed funds for developers which they can use as equity for public private partnership (PPP) road projects,&quot; said an NHAI official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">He added that the authority was well placed to give Rs 7,000 crore in the first year as the government has allowed it to raise Rs 10,000 crore by issuing tax free bonds during this fiscal year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Last year, NHAI had raised Rs 10,000 crore. &quot;These will be taken up as turnkey projects so that there is no scope of price escalation or time overrun. As soon as we get Cabinet nod for engineer procure and construction (EPC) document, which would be the basis of awarding such projects, we will start immediate awarding,&quot; highways minister CP Joshi said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On Wednesday, Planning Commission deputy chairman Montek Singh Ahluwalia suggested that the EPC document should be uploaded on the ministry website so that contractors can give their feedback before the document is finalized.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry insiders said that this could save the day for the government and also help rescue the highways sector from financial doldrums. In the first year (2012-13), NHAI will release around Rs 7,000 crore to private contractors for these projects. Roads that are financially unviable on toll mode would be taken up under this scheme.</div>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/india/Govt-mulls-Rs-20000cr-boost-for-road-projects/articleshow/14831236.cms" class="re" target="_blank">The Times of India, 12 July, 2012, http://timesofindia.indiatimes.com/india/Govt-mulls-Rs-20000cr-boost-for-road-projects/articleshow/14831236.cms</a><div class="clear"></div>
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                        Modi govt’s monetisation scheme is nothing but a scam being paraded as a plan, cleverly camouflaged in jargon -CP Chandrasekhar                    </a>
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Home हिन्दी

Govt mulls Rs 20,000cr boost for road projects

Published on Jul 12, 2012   Modified on Jul 12, 2012

-The Times of India With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.  The National Highways Authority of India (NHAI), which has identified these stretches, is likely to spend about Rs 15,000-Rs 20,000 crore (including land acquisition expenses) in the next two years.  Industry insiders said that this could save the day for the government and also help rescue the highways sector from financial doldrums. In the first year (2012-13), NHAI will release around Rs 7,000 crore to private contractors for these projects. Roads that are financially unviable on toll mode would be taken up under this scheme.  "Contractors would get the payment on regular intervals, based on the progress of work. So, they will have no risk and won't need to tie up finances from banks or other institutions. This will result in pumping of much needed funds for developers which they can use as equity for public private partnership (PPP) road projects," said an NHAI official.  He added that the authority was well placed to give Rs 7,000 crore in the first year as the government has allowed it to raise Rs 10,000 crore by issuing tax free bonds during this fiscal year.  Last year, NHAI had raised Rs 10,000 crore. "These will be taken up as turnkey projects so that there is no scope of price escalation or time overrun. As soon as we get Cabinet nod for engineer procure and construction (EPC) document, which would be the basis of awarding such projects, we will start immediate awarding," highways minister CP Joshi said.  On Wednesday, Planning Commission deputy chairman Montek Singh Ahluwalia suggested that the EPC document should be uploaded on the ministry website so that contractors can give their feedback before the document is finalized.  Industry insiders said that this could save the day for the government and also help rescue the highways sector from financial doldrums. In the first year (2012-13), NHAI will release around Rs 7,000 crore to private contractors for these projects. Roads that are financially unviable on toll mode would be taken up under this scheme.

The Times of India, 12 July, 2012, http://timesofindia.indiatimes.com/india/Govt-mulls-Rs-20000cr-boost-for-road-projects/articleshow/14831236.cms

Tagged with: roads Infrastructure

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