The Minister said under the NHAI's INVIT model, a bond issue was launched which garnered a tremendous response. Within the first day of its availability on the Mumbai Stock Exchange, the bond witnessed seven times oversubscription.
NHAI project directors are delegated the power to undertake rectification of accident-prone spots identified and recommended by the respective state police chiefs or by the district road safety committee.
The Precast (structure made in factories) concrete will avoid brakes on the pace of road projects besides giving a relief to common people from air pollution due to construction activities.
The statement said that AR's Aizawl Batallion reacted swiftly by launching rescue columns from their nearest operating bases.
Earlier on Tuesday Union Civil Aviation Minister Jyotiraditya Scindia urged West Bengal, Delhi and Punjab among eight states to reduce VAT on Air Turbine Fuel (ATF) for facilitating air connectivity to Tier-II, Tier-III cities.
Other major initiatives taken by the Ministry was the announcement of the voluntary Vehicle Scrappage Policy that would phase out unfit vehicles from the country.
In 2016, Gadkari had announced the usage of plastic waste in road construction in the year 2016. Since then, plastic waste has been used in constructing roads in 11 states.
At present, all fee plazas on National Highways are fully equipped with FASTag system.
Therefore, as per NH Fee Rules 2008, any vehicle not fitted with FASTag or vehicle without valid, functional FASTagentering into the FASTag lane of the fee plaza shall pay a fee equivalent to two times the fee applicable to that category.
“The system of discounts at toll plazas is different in various districts,” alleged a representative of a private and minibus association in Kolkata.
