Snehal khanna Blog

Ring roads worth Rs. 36,290 cr in 28 major cities planned: Nitin Gadkari BUDGET 2018 :The government is planning to build ring roads in the country's 28 major cities at an estimated cost of Rs 362.9 billion, Union Minister Nitin Gadkari said. Of which, detailed reports for projects worth Rs 211 billion are under progress. The projects are part of the ambitious Bharatmala initiative announced by the Cabinet last year, under which the government envisages development of 84,000 km (kilometre) of national highways at an investment of Rs 6.92 trillion by 2022. "We plan to decongest all major cities under Bharatmala. We have plans to build ring roads at an estimated cost of Rs 362.9 billion. Formulation of detailed project reports (DPRs) for projects worth Rs 211 billion are in the process," the Road Transport, Highways, Shipping, Water Resources and Ganga Rejuvenation Minister told PTI. Gadkari said DPRs are under award stage for another Rs 47 billion proje...

CDM Smith was blacklisted by NHAI in 2015 LATEST NEWS : CDM, the Boston-based consultancy firm that allegedly paid kickbacks to the National Highways Authority of India (NHAI) officials between 2011 and 2015 to bag contracts was blacklisted by the authority in 2015 itself. According to an official, CDM Smith was blacklisted by NHAI in 2015. The company admitted to the justice department of the United States that its officials paid bribe of $1.18 million (approximately Rs 6.7 crore) to NHAI officials between 2011 and 2015 to obtain works for highway construction supervision and design contracts and a water project contract in Goa. The reports mentioned that the company's division for India operations and CDM India paid bribes to receive contracts from NHAI. The bribes were normally 2-4% of the contract price and paid through fraudulent subcontractors, who provided no actual services and understood that payments were meant to solely benefit the officials. B...