Joshi emphasizes on infrastructure development for India's growth

Punchkula (Haryana) Apr 19 (ANI): Union Minister for Road Transport and Highways Dr. CP Joshi on Thursday said that a qualitative infrastructure development is a must for the growth of the country.

Dr. Joshi, who dedicated to the nation country's first RFID Technology Based Electronic Toll collection Plaza at Chandimandir, Punchkula (Haryana) and four-laned Zirakpur-Parwanoo section of NH-5 in the states of Punjab, Haryana and Himachal Pradesh, said that this is the high time to make coordinated efforts by Central and State Governments to fulfill the dream of making India a developed nation.

He said that the Government of India has given thrust on infrastructure development in 11th and forthcoming 12th Five Year Plans with a view to increase national GDP.

He further said that Central Government is committed to facilitate the common man by providing new technology and better road transportation facility.

Referring about the new RFID Toll Plaza, he said that all the highways in the country will be provided RFID technique, which helps users to make payment without stopping at toll plazas and reduces traffic congestion and commuting time. Toll Statements can also be made available on line to the road users and they need not have to stop for receipt. He said that besides satisfying functional requirements, it is the cheapest mode for collection.

Dr. Joshi further informed that National Highway Authority of India (NHAI) has completed the projects of 491 km. roads costing Rs. 1913 crore in Haryana, 357 km. roads worth Rs. 1419 crore in Punjab and 5 km worth Rs. 50 crore in Himachal Pradesh.

The projects under implementation are 969 km. of Rs. 5962 crore in Haryana, 645 km. of Rs. 4791 crore in Punjab and 124 kms. of Rs. 1994 crore in Himachal Pradesh. The projects of 508 km worth Rs. 3574 crore in Haryana, 454 km worth Rs. 3301 crore in Punjab and 204 km worth Rs. 3664 crore have also been awarded to NHAI.

Dr. Joshi assured compliance of the balance projects of Rohtak-Hisar, Ambala-Kaithal, Kaithal-Rajasthan border, Hisar-Dabwali in Haryana; Jalandhar-Amritsar, Ludhiana-Chandigarh, Sri Gangananagar-Amritsar, Jalandhar-Haryana border in Punjab; and Parwanoo-Solan, Solan-Shimla, Ner Chowk-Manali in Himachal Pradesh soon after the scrutiny of technical aspects of these projects.

Union Culture Minister Kumari Selja, who was also present on the occasion, said that highway development is a flagship programme of Government of India and Central Government is committed to provide uninterrupted road connectivity in all parts of the country.

She also urged Dr. Joshi to exempt the daily commuters of peripheral area from toll tax at the newly setup toll plaza. She demanded highway at Yamunanagar-Saha section in Haryana and a mega circuit project to boost the economy of this region by encouraging tourism.

Punjab Chief Minister Prakash Singh Badal, Haryana Chief Minister Bhupinder Singh Hooda, and Minister of State for Road Transport and Highways Dr. Tushar A. Choudhary were also present on the occasion. (ANI)

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    25.400.20+0.79%
    UNITECH.BO
    50.00-0.75-1.48%
    HDIL.BO
    67.650.35+0.52%
    JAIPRA.BO
    38.701.85+5.02%
    SPICEJET.BO
    74.050.30+0.41%
    VAKRANG.BO
  • Price % Gainers
    Price % Gainers
    NamePriceChange% Chg
    366.0061.00+20.00%
    SANDUMA.BO
    22.803.80+20.00%
    SAHPETRO.BO
    50.508.40+19.95%
    DAMOTH.BO
    141.4022.40+18.82%
    TCIDL.BO
    155.0024.45+18.73%
    FRLSL.BO
  • Price % Losers
    Price % Losers
    NamePriceChange% Chg
    400.00-91.40-18.60%
    INDUSINDSL.BO
    37.05-7.40-16.65%
    GGDANDE.BO
    77.00-13.00-14.44%
    RAPICUT.BO
    526.00-85.30-13.95%
    INGVYSYABNK.BO
    12.00-1.90-13.67%
    TARMAT.BO

Latest News

  • Volatile Nikkei keeps Asian stocks on edge
    Volatile Nikkei keeps Asian stocks on edge

    Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge. The Nikkei has soared nearly 70 percent since November, off the back ...

  • Wockhardt slumps for second day on U.S. FDA import alert

    Shares in Wockhardt Ltd plummeted as much as 19.3 percent on Friday to their lowest since August 2012, continuing to reel for the second day, after the U.S. Food and Drug Administration imposed an "import ...

  • Sensex trades flat in pre-afternoon session

    Mumbai, May 24 (IANS) A benchmark index of Indian equities markets was trading flat in pre-afternoon trade Friday -- marginally up 0.16 percent. After a day of volatility Friday, the market was trying ...

  • Agra's industrial growth halts, labour migrates

    Agra, May 24 (IANS) Industrial growth in the 10,000 sq. km. eco-sensitive Taj Trapezium Zone has come to a halt, forcing large-scale migration of rural labour to urban hubs. This is because of the restrictions ...

  • BSE Sensex gains; Tata Steel, L&T surge
    BSE Sensex gains; Tata Steel, L&T surge

    Reuters Market Eye - The BSE Sensex gains 0.19 percent and the broader Nifty is up 0.27 percent, in a volatile session after four days of declines. Tata Steel Ltd shares rise 4 percent after its January-March ...

  • Jet Airways shareholders approve Etihad deal

    Shareholders in Jet Airways approved an agreed sale of a 24 percent stake in the airline to Abu Dhabi's Etihad Airways, a senior executive at the Indian carrier said on Friday. Jet Airways, however, deferred ...

  • Tata Steel surges; Q4 operating profit beats f'cast
    Tata Steel surges; Q4 operating profit beats f'cast

    Tata Steel Ltd shares rose as much as 6.65 percent on Friday after its January-March quarterly operating profit beat analyst estimates. Brokerage IDFC estimated Tata Steel posted an adjusted standalone ...

  • Foreign selling of dollar sparks Unilever inflows talk
    Foreign selling of dollar sparks Unilever inflows talk

    Reuters Market Eye - Dollar sales from foreign banks in the morning are sparking talk of inflows related to Unilever's open offer for its India unit. Unilever Plc plans to pay up to $5.4 billion to raise ...

MAJOR STOCKS (A-G)

MAJOR STOCKS (H-N)

MAJOR STOCKS (O-Z)

MARKET COMMENTARY

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.