The government is preparing new rules that promise revenue protection for developers and invite global funds to bid for projects to accelerate expressway expansion
Jaiswal said the proposed 250-km-long Pashupatinath-Baidyanath Dham High-Speed Corridor will start from Kathmandu, pass through Bhimnagar and Birpur, and enter India at Supaul district in Bihar.
The chief minister credited the 'extraordinary achievements' to the vision of the Union government and the efforts of road and transport minister Nitin Gadkari
Road construction has slowed down in the past two years. While the reasons are known, whether they will continue to hold back growth is the key question
Gadkari said his ministry is using waste from landfills in Delhi in the construction of roads.
After briefly getting affected due to heavy monsoon in the country in July and August last year, execution of formation work gathered pace in September
"Highway construction has fallen due to a slowdown in land clearance after the Model Code of Conduct kicked in and voting began from April 19," a senior government official said.
Road construction usually sees a drop in an election year as the execution of projects is delayed during the model code of conduct and project awarding is delayed in the financial year before the Lok Sabha elections.
Contracts awarded for roads this fiscal year have seen a big decrease, but execution has remained strong, thanks to order backlogs
The road-building target has been missed in the past two years and the same is expected this year as the general elections approach