Roadmin plans Rs 60K cr land buys, says prices shot up after new Act - News Summed Up

Roadmin plans Rs 60K cr land buys, says prices shot up after new Act


For any infrastructure project -- be it roads, railways, logistics park, recreation zones, special economic zones, industrial parks -- land acquisition is the biggest challenge. "As you are aware that since 2014, when the land acquisition law came into force, prices of land shot up substantially. This year itself we are spending Rs 60,000 crore on land acquisition," said Nitin Gadkari. "In the road sector, earlier there was national highway length of 96,000 km out of the total around 52,00,000 km road network in India. There are plans to make 36 ring roads at various cities of India.


Source: dna May 04, 2017 01:41 UTC



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