40 km/day goal for highway building is set for FY23

26 Aug 2022 CW Team

Nitin Gadkari, the minister of roads and highways, has set a challenging goal for the current fiscal year: building new national highways at a record rate of 40 km/day. In 2020–21, a record 37 km per day were achieved; in the previous fiscal year, that number was only 29 km/day. The minister assured Surya Sarathi Ray that despite ongoing issues, such as land acquisition, efforts are being made to meet the most recent goal. Additionally, he stated that road asset monetisation would be undertaken depending on the availability of funding. edited snippets.

The desired speed of highway asset monetisation appears to be insufficient.

No, there isn't a [speeding up]. At this time, money is not required. The money from monetisation should be used, not held in reserve.

Also read:
PM to launch various projects in Gujarat
Highways InvIT to be open on stock exchange

Infrastructure Transport

07 Apr 2026

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..