A regulatory Authority to Remove Bottlenecks in Road Sector to be Constituted

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.... regulatory Authority to Remove Bottlenecks in Road Sector to be Constituted <br>Budget<br>Dated:- 28-2-2013<br><BR>The Finance Minister Finance, Shri P Chidambaram said in his Budget speech in Lok Sa....

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....bha today that the road construction sector has reached a certain level of maturity. But it faces challenges not envisaged earlier, including financial stress, enhanced construction risk and contract ....

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....management issues, that are best addressed by an independent authority. Hence, Government has decided to constitute a regulatory authority for the road sector. Bottlenecks stalling road projects have ....

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....been addressed and 3,000 Kms of road projects in Gujarat, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh will be awarded in the first six months of 2013-14, Shri Chidambaram added. DSM/UM/R....

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..../57 (Release ID :92766)<BR> News - Press release - PIB....