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NEWS
New Government to accelerate capacity building
NCMC for multimodal here is a lot to the deadline of road waterways development,
transport cheer for the Roads construction will be Namami Gange, Swachh
lobal payments technology T& Highways and increased to 40km per Bharat Mission, UDAN
day.
(Airports), AMRUT and
company Visa launched its Railway sectors as the Smart Cities (Urban
Gspecifications to support the new government is set He further added that Infra), launched during its
rollout of the National Common Mobility to dedicate the largest steps will be taken to last tenure. Meanwhile,
chunk of investment
Card (NCMC), which is an interoperable over the next five years complete all highway a sum of Rs three trillion
transport card that can be used to make to these sectors. Taking projects within three is likely to be set apart
payments in metro, bus, suburban cues from the BJP years. Like Gadkari, for urban infrastructure
railways, toll, parking, and retail. manifesto, research firm Hardeep Singh Puri has and Sagarmala, the
been re-appointed as
Currently, domestic card payment ICRA reports that the the Minister of State of government’s port-led
network RuPay has partnered with government is expected the Ministry of Housing development scheme.
banks to issue these mobility cards. to spend Rs 30 trillion and Urban Affairs. The ICRA said that the
Visa NCMC cards will have contactless in the transport sector new Government is government is expected
feature of ‘tapping to pay’ that will in India. Additionally, likely to maintain the to spend Rs two trillion
provide a card balance for offline usage railways are expected to continuity on the major on development of 100
at transit venues such as the metro receive a financial outlay programs like Bharatmala airports in the country,
station. of Rs 10-12 trillion over Pariyojana (Highways), while Rs one trillion is
It allows cardholders to store their the next five years while Sagarmala (Ports), railway likely to be invested for
the development of
transit passes on the card, provides up to Rs nine trillion is station redevelopment inland waterways.
multiple ways to top-up the offline expected to be pumped programme, inland
balance on the card and it is accepted into the roads and
highways sector. With a
by at participating public transport daunting task ahead, the
operators (PTOs) across the country.
Prime Minister has again
The contactless cards also support bestowed Nitin Gadkari
the next generation of account-based as the Minister of Road
ticketing (ABT) models that have been Transport and Highways.
adopted by leading metros across the In a media interaction
world. In the ABT model, consumers after taking over, Gadkari
can turn up and ride with their existing informed that he was
Visa contactless card, allowing for a firm that his department
seamless payment experience. will complete all highway
projects within three
years and asserted that
Connecting Two Expressways
he Yamuna Expressway Industrial the ease of travelling from Noida, zero on EPE and will join Yamuna
Development Authority (YEIDA) Greater Noida and Yamuna city to Expressway at 9.5km from the zero-
Thas invited bidders to build a Kundli, Ghaziabad and Palwal. It is point of Yamuna Expressway.
cloverleaf interchange to connect also intended to improve driving from
the Yamuna Expressway and Eastern Meerut, Moradabad and Faridabad,
Peripheral Expressway (EPE).The as well as Palwal-Manesar to the
integration is aimed at strengthening Jewar airport.
connectivity to the proposed Jewar The NHAI will fund the project and
International Airport in Uttar Pradesh. it has also provided the design layout
The proposed tender for the of the interchange. The interchange
project includes installation of ramps will have four loops and eight ramps.
and loops at the interchange where While the loops will provide access to
the EPE crosses over to the Yamuna the Yamuna e-way and EPE, the ramps
Expressway. Once operational, the will provide access to the Yamuna city.
interchange is intended to increase It will come up at 91.87km from point
8 April - May ’19 / TrafficInfraTech www.trafficinfratech-com-500653.hostingersite.com