Govt relentlessly working to make highways the mainstay of economy
26 Jun 2021
3 Min Read
CW Team
Gen VK Singh, Minister of State for Road Transport and Highways, Government of India, said that infrastructure in India is improving with the advent of new technologies and building of better-quality roads. 鈥淎s we hit India @75, we aim to bring in better technology to build high-quality cost-effective roads,鈥� he added.
Addressing the second edition of Roads and Highways Summit with the theme, 鈥楢ccelerating the Road Infrastructure: New India @75鈥�, organised by FICCI, Gen Singh said, 鈥淥ur aim is to ensure that the highways become the mainstay of our economy. He stressed on increasing haulage capacity and shared the ministry鈥檚 target of building 100 km roads per day by making use of available methodologies.
Highlighting the importance of pre-casting of the components used in roads, he urged the industry to come forward and look at all aspects in order to revolutionise the sector. Emphasising further on the quality of roads, Gen Singh said that we need to upgrade our technology and indigenised road building equipment for constructing better roads. He also urged FICCI and other industry members to explore new technologies and bring them to India by partnering with the government. 鈥淥ur expectation is FICCI should become our partner in ensuring that we get the best of technology from the world which will help us to fast track the pace of road development in the country,鈥� added Gen Singh.
Highlighting the importance of reducing waiting time at tolls, he said, 鈥淚n next one to one and a half years, we would like the GPS system to come in so that there is only one barrier on the top of toll plazas across the country.
The government will adopt the best available practices and the GPS will read all the details while entry, exit and billing will be done automatically,鈥� he added.
BVN Rao, Chairman, FICCI Transport Infrastructure Committee and Business Chairman (Transportation and Urban Infra), GMR Group said that in order to accelerate the pace of construction and support businesses, a large number of initiatives have been taken to revive the stalled projects and expedite completion of new projects. These include streamlining of land acquisition and acquisition of a major portion of land prior to invitation of bids, securitisation of road sector loans, revamping of disputes resolution mechanism to avoid delays amongst others.
Shailesh Pathak, Co-Chairman, FICCI Transport Infrastructure Committee and Head- Special Initiatives, Development Projects, Larsen and Toubro said that the condition of roads in India at 75 are remarkably different from India@ 50. 鈥淚n last 7 years, we have seen a speed in construction of highways in India. While construction has seen remarkable progress and today when we have large inventory of road assets, management and operations of these road assets are equally important,鈥� he added.
FICCI-CRISIL knowledge paper 鈥楨merging Trends and Opportunities in Roads and Highways Sector鈥� was released during the webinar.
Gen VK Singh, Minister of State for Road Transport and Highways, Government of India, said that infrastructure in India is improving with the advent of new technologies and building of better-quality roads. 鈥淎s we hit India @75, we aim to bring in better technology to build high-quality cost-effective roads,鈥� he added.
Addressing the second edition of Roads and Highways Summit with the theme, 鈥楢ccelerating the Road Infrastructure: New India @75鈥�, organised by FICCI, Gen Singh said, 鈥淥ur aim is to ensure that the highways become the mainstay of our economy. He stressed on increasing haulage capacity and shared the ministry鈥檚 target of building 100 km roads per day by making use of available methodologies.
Highlighting the importance of pre-casting of the components used in roads, he urged the industry to come forward and look at all aspects in order to revolutionise the sector. Emphasising further on the quality of roads, Gen Singh said that we need to upgrade our technology and indigenised road building equipment for constructing better roads. He also urged FICCI and other industry members to explore new technologies and bring them to India by partnering with the government. 鈥淥ur expectation is FICCI should become our partner in ensuring that we get the best of technology from the world which will help us to fast track the pace of road development in the country,鈥� added Gen Singh.
Highlighting the importance of reducing waiting time at tolls, he said, 鈥淚n next one to one and a half years, we would like the GPS system to come in so that there is only one barrier on the top of toll plazas across the country.
The government will adopt the best available practices and the GPS will read all the details while entry, exit and billing will be done automatically,鈥� he added.
BVN Rao, Chairman, FICCI Transport Infrastructure Committee and Business Chairman (Transportation and Urban Infra), GMR Group said that in order to accelerate the pace of construction and support businesses, a large number of initiatives have been taken to revive the stalled projects and expedite completion of new projects. These include streamlining of land acquisition and acquisition of a major portion of land prior to invitation of bids, securitisation of road sector loans, revamping of disputes resolution mechanism to avoid delays amongst others.
Shailesh Pathak, Co-Chairman, FICCI Transport Infrastructure Committee and Head- Special Initiatives, Development Projects, Larsen and Toubro said that the condition of roads in India at 75 are remarkably different from India@ 50. 鈥淚n last 7 years, we have seen a speed in construction of highways in India. While construction has seen remarkable progress and today when we have large inventory of road assets, management and operations of these road assets are equally important,鈥� he added.
FICCI-CRISIL knowledge paper 鈥楨merging Trends and Opportunities in Roads and Highways Sector鈥� was released during the webinar.
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