Road Ministry to set up authority for contract disputes resolution
ROADS & HIGHWAYS

Road Ministry to set up authority for contract disputes resolution

The Ministry of Road Transport and Highways is gearing up to establish an authority dedicated to resolving contract disputes within the infrastructure sector. This move comes in response to the growing need for efficient conflict resolution mechanisms in infrastructure projects, particularly in the road sector. The proposed authority aims to streamline the process of addressing disputes that often arise between project developers and government agencies, thereby facilitating smoother project implementation.

The decision to create such an authority underscores the government's commitment to promoting transparency and accountability in infrastructure development. By providing a designated platform for resolving disputes, the Ministry hopes to minimize delays and uncertainties that can impede the progress of vital infrastructure projects. This initiative aligns with broader efforts to boost economic growth and infrastructure development across the country.

The authority is expected to operate as an independent body, equipped with the necessary legal and technical expertise to adjudicate disputes fairly and efficiently. It will have the mandate to hear grievances related to contract agreements, project delays, cost overruns, and other issues commonly encountered in infrastructure development. Additionally, the authority will work towards fostering a conducive environment for investment by instilling confidence among stakeholders regarding dispute resolution mechanisms.

The establishment of this authority signifies a proactive approach by the government to address longstanding challenges in the infrastructure sector. By providing a dedicated forum for resolving disputes, it aims to enhance investor confidence, attract private investment, and expedite the execution of crucial infrastructure projects. Ultimately, the initiative is poised to contribute to the overall economic growth and development agenda of the nation by ensuring smoother and more efficient implementation of infrastructure initiatives.

The Ministry of Road Transport and Highways is gearing up to establish an authority dedicated to resolving contract disputes within the infrastructure sector. This move comes in response to the growing need for efficient conflict resolution mechanisms in infrastructure projects, particularly in the road sector. The proposed authority aims to streamline the process of addressing disputes that often arise between project developers and government agencies, thereby facilitating smoother project implementation. The decision to create such an authority underscores the government's commitment to promoting transparency and accountability in infrastructure development. By providing a designated platform for resolving disputes, the Ministry hopes to minimize delays and uncertainties that can impede the progress of vital infrastructure projects. This initiative aligns with broader efforts to boost economic growth and infrastructure development across the country. The authority is expected to operate as an independent body, equipped with the necessary legal and technical expertise to adjudicate disputes fairly and efficiently. It will have the mandate to hear grievances related to contract agreements, project delays, cost overruns, and other issues commonly encountered in infrastructure development. Additionally, the authority will work towards fostering a conducive environment for investment by instilling confidence among stakeholders regarding dispute resolution mechanisms. The establishment of this authority signifies a proactive approach by the government to address longstanding challenges in the infrastructure sector. By providing a dedicated forum for resolving disputes, it aims to enhance investor confidence, attract private investment, and expedite the execution of crucial infrastructure projects. Ultimately, the initiative is poised to contribute to the overall economic growth and development agenda of the nation by ensuring smoother and more efficient implementation of infrastructure initiatives.

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?