Accelerating highway construction

The Minister for Road Transport and Highways, Nitin Gadkari has said that he aims to award projects worth `10 lakh crore every year with a transparent and time bound process. MoRTH targets to achieve a daily construction rate of 100 km per day as against the highest of 37 km per day in 2020-21. Incentives would also be offered to the industry if they opt for alternate fuels and flex engines as it would be a win-win for all stakeholders. Interest-free loans to construction equipment makers who develop equipment running on alternate fuels and a relief on one-time tax on construction equipment registration running on alternate fuels were also under consideration.