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Govt amends interest subvention scheme for MSMEs to give fillip to the sector
The Minister for Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways, Nitin Gadkari has approved the changes in the Interest Subvention Scheme for MSMEs, in a meeting held to review the functioning of the scheme.Read more
Oriental Structural Engineers wins Gold at MoRTH Annual Awards
OSE won awards under both categories of construction and management of the Eastern Peripheral Expressway (Package-5).Read more
Magenta launches India’s first charging corridor for EV in Maharashtra
The first EV charging corridor, ChargeIn, has been set up at Mumbai-Pune Expressway, and will be extended to Bangalore and Mysore in the next phaseRead more
Oil PSUs to set up 20 LNG stations on highways for trucks
The necessary permission to put up such LNG distribution center on national highways has already been given by the governmentRead more
Highway project awards surges 70% to all-time high
Awarding of highway construction projects rocketed 70% to an all-time annual high in fiscal 2018, spanning ~7,400 km and valued at Rs 1.2 lakh crore, data from the National Highways Authority of India (NHAI) showed.Read more
Vehicle scrappage new policy, unlikely to perk up demand significantly says CRISIL
The much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods and Services Tax (GST) Council. As per the draft policy released by the Ministry of Road Transport and Highways (MORTH) on May 26, 2016, vehicles older than 15 years were eligible for benefits under the scrappage scheme.Read more
