Gadkari added that the achievement was noteworthy as it was accomplished despite limitations in the wake of the coronavirus pandemic

The state government had slashed the stamp duty charges to two per cent between August and December last year to boost the real estate market, which was facing a slowdown due to COVID-19 and the subsequent lockdown

Fifteen years in the making, only 650 km of the dedicated freight corridor has opened. Meeting the 3,381-km target by June 2022 appears a distant dream

Going forward, National Highways Authority of India (NHAI) will bid out projects worth Rs 30,000 crore on build, operate, and transfer BoT (Toll) model and hybrid annuity model in 2021-22

Inter-ministerial deliberation between NITI Aayog, Ministry of Finance and Ministry of Railways on the funding model for freight corridor PPP and freight asset monetisation has been inconclusive

NHAI plans to develop the wayside amenities across a combined area of over 3,000 hectares across the country, which will also provide opportunities for investors, developers, operators and retailers.

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The projects in question are six-laning of Panagarh-Palsit (67.75km) at a capital cost of Rs 2,021 crore and six-laning of Palsit-Dankuni spanning 63.8km, requiring a capital cost of Rs 2,193 crore

As per the plan, a total of about 3,000 hectares of land alongside both greenfield and existing alignments will be developed with various facilities, along with dedicated retail area for local art

Ministry of Road Transport and Highways is looking at further ironing out provisions in the model concession agreement for award of PPP projects on build, operate and transfer (BoT) toll model

CM Yogi Adityanath also said at present several power transmission projects are being executed through the public-private partnership (PPP) mechanism at a cost of Rs 6,100 crore

A total of 300 MoUs involving an investment of Rs 10,000 crore and job opportunities for about 55,000 aspirants have been envisaged to be approved in the summit

The fourth quarter highway project pipeline of the ministry will give a major push to awarding of the projects in current financial year, which have been deeply impacted by the Covid-19 pandemic

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The Railways will also monetise dedicated freight corridor assets for operations and maintenance, after commissioning.

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The government has also extended the Infrastructure Viability Gap Funding scheme until 2024-25 to attract more Public-Private Partnership projects and facilitate private investment in social sectors like health, education, wastewater, solid waste management, and water supply, the survey noted