Road ministry initiates process to establish a regulator

The roads ministry has initiated the process to establish a roads regulator. This proposal was first announced in Union Budget 2013.

March 12, 2013 / 21:51 IST

The roads ministry has initiated the process to establish a roads regulator. This proposal was first announced in Union Budget 2013.

Sources say the roads ministry will soon convene a workshop of stakeholders to discuss the modalities of setting up the regulator.

However, the proposed regulator will not deal with norms related to toll. It will concentrate on other issues and problems that arise between National Highway Authority of India (NHAI) and the concessionaires.

Also Read: SC delinks forest, environmental clearance for roads

first published: Mar 12, 2013 09:51 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347