India’s government-run road builder will soon invite bids for long-term leases to manage a dozen stretches of national highways as it eyes foreign institutional investors for funds to improve the country’s road network.
Bangladesh would revive the cross-border railway connections between its Chilahati station and Indian Haldibari station by 2020 to facilitate bilateral and regional trade, and movement of international passengers, officials said Sunday.
The Indian Railways is estimated to have posted an all-time high revenue of Rs 1.68 lakh crore in the just-ended fiscal year, powered by its focus on boosting freight traffic and innovative steps on passenger fares.
Union minister Nitin Gadkari yesterday said that the central government has sanctioned Rs. 4,300 crore for the construction of ring roads – one each in Jammu and Srinagar – to decongest traffic in the two cities of Jammu and Kashmir.