GANDHINAGAR: In a major boost for Gujarat's roads, the World Bank (WB) has agreed to a state government request to revise upwards its proposal to fund Gujarat State Highways Project (GSHP-II) from $350 million to $550 million. A WB note, made available here, says "improvement of about 1,100 km (650 km widening and 450 km strengthening) would be accommodated within this amount."

The Gujarat government had earlier asked for the amount to be raised to $600 million. It applied for GSHP-II loan in 2009 after successfully executing the $550 million GSHP-I project between 2001 and 2007.

Requirements on minimum size, contiguity and vacant stretches to be eased MAT and DDT to stay

The ministry of commerce and industry would soon announce relaxed land-related norms for Special Economic Zones (SEZs) to arrest the slackening pace of growth in these tax-free zones by making certain changes in the SEZ policy. In a major amendment to the policy, enacted in 2006, for the first time the government will change the minimum land requirement across all sectors.

New Delhi: The Annual Plan for Meghalaya for 2012-13 was finalised at Rs 3939 crore here on Thursday at a meeting between Deputy Chairman, Planning Commission, Dr. Montek Singh Ahluwalia and Chief Minister Dr Mukul Sangma and his Cabinet colleagues.

This is an increase of Rs 1212 crore over the preceding year. Interestingly, the State itself had sought Rs 3535 crore for the year 2012-13 but the Planning Commission was magnanimous in sanctioning Rs 404 crore more than what was sought for after a marathon meeting at the Yojana Bhawan here that lasted about three hours.

Driving fast on highways not only increases noise levels, but also doesn’t help you reach your destination really fast.

The Sri Lankan government is to finalize the construction of the first phase of the Colombo-Kandy highway in two months.

New Delhi: Poor economic conditions and volatile markets are now taking a toll on the highway sector, which had so far been an outlier in an economy where activity had slowed down considerably over

Including new railway line, four-laning of highway and bridge

Fuel Wastage On Toll Gates Worst Contributor

New Delhi: The highways ministry now aims to award 9,000 km of national highways (NH) during this financial year. It has also set a target of constructing at least 12-13 km a day.

NEW DELHI, 29 MAY: Coming down heavily on the UPA government for allegedly dragging its feet on the interlinking of rivers project begun by the erstwhile BJP-led NDA government, BJP leader L K Adva