No forceful land acquisition: Indian RailwaySeptember 16th, 2009 NEW DELHI - The Ministry of Railways has decided on Wednesday that there shall not be any forceful acquisition of land for the railway projects. According to a press release by the ministry, it has been decided to comprehensively review Railways Land Acquisition policy to ensure that forceful acquisition of land, including agriculture land, is completely avoided.
Railways to review its land acquisition policySeptember 16th, 2009 NEW DELHI - The railways ministry Wednesday said it would not resort to forceful acquisition of land for railway projects, and that it would review its land acquisition policy. "The ministry of railways has decided that there shall not be any forceful acquisition of land for railway projects," the ministry said in a statement.
National Highways to have new numbers: Kamal NathSeptember 1st, 2009 LONDON - National highways in India will be renumbered so that they reflect a scientific pattern, Road Transport and Highways Minister Kamal Nath said here Tuesday. Today is the 100th day of my government in India, so I can announce it: we are renumbering our national highways, Kamal Nath told reporters.
Model Concession Agreement to be amended by September-end: Kamal NathSeptember 1st, 2009 LONDON - Parts of the agreement spelling out the policy and regulatory framework for foreign investment into India's roads infrastructure will be changed by the end of September to meet investor concerns, Road Transport and Highways Minister Kamal Nath announced here Tuesday. There have been concerns about some aspects of our Model Concession Agreement (MCA).
India has enough foodgrain reserves, says Kamal NathAugust 7th, 2009 NEW DELHI - Union Minister for Road Transport and Highways Kamal Nath said on Friday that the country has enough foodgrain reserves even in the worst monsoon situation. Nath, however, expressed his concern over the adverse impact of poor monsoon on agricultural activity.
Roads to play important role in infrastructure development: Kamal NathJuly 30th, 2009 NEW DELHI - Union Road Transport and Highways Minister Kamal Nath on Thursday said that roads would play an important role in infrastructure development in the next decade. During a seminar at Federation of Indian Chamber of Commerce and Industries (FICCI), Kamal Nath said that roads are important as they provide domestic economic stimulus.
Rs.1,000 bn for road development this fiscal: Kamal NathJuly 30th, 2009 NEW DELHI - The government will spend Rs.1 lakh crore (Rs.1,000 billion/$21 billion) this fiscal and an equal amount in subsequent years with a target of building 20 km of road every day, Minister for Road, Transport and Highways Kamal Nath said Thursday. "This year we will build more road kilometres than what was done between 1999-2004.
Funding no issue for $70-bn highway projects: Kamal NathJuly 22nd, 2009 NEW DELHI - Funding will not be a problem as India gets ready to execute over 150 projects worth some $70 billion to spruce up its network of highways and roads in the next three years, said Road, Transport and Highways Minister Kamal Nath here Wednesday. The minister, who is personally overseeing all road shows to attract money for one of the country's largest public-private initiatives on roads and highways, said speedy development of this infrastructure was a priority for the United Progressive Alliance (UPA) government.
Expressway authority to be set up: Kamal NathJuly 14th, 2009 NEW DELHI - A separate authority will be constituted soon for expediting development of expressways, Road Transport and Highways Minister Kamal Nath said here Tuesday. I am examining the possibility of setting up an expressway authority, Kamal Nath said at a conclave on national highways.
Government seeks foreign investment in road buildingJuly 7th, 2009 NEW DELHI - Union Transport Minister Kamal Nath said on Tuesday that the government wants foreign investors to fund as much as half of the 20 billion dollars, which it has earmarked for road building in a year. Kamal Nath said he has plans to meet with investors from Europe, the United States and Asia, including Hong Kong and Singapore, in the next two or three months to discuss which financing platforms would be most effective.
Kamal Nath says transport regulations will be overhauledMay 29th, 2009 NEW DELHI - Road Transport and Highways Minister Kamal Nath Friday said regulations covering India's road network will be overhauled even as he promised to change the physical landscape of the country's transport infrastructure in due time. "We need to look at the old regulatory framework in an entirely new way and that will call for a complete change of mindset.
Humour in the hall, courtesy Kamal NathMay 22nd, 2009 NEW DELHI - Congress leader Kamal Nath unwittingly injected humour into the sombre swearing-in ceremony of the new government Friday when he began to take his oath before President Pratibha Patil could prompt him, and then started walking off without signing the register. Perhaps a little too eager to be sworn in as minister, Kamal Nath walked up and said in Hindi 'Main Kamal Nath' much to the amusement of the gathering at the Rashtrapati Bhavan.
New foreign investment norms to increase inflow: Kamal NathFebruary 11th, 2009 NEW DELHI - The government has rationalised the foreign investment norms as there is a tightening in the global markets, Commerce Minister Kamal Nath said here Thursday. 'Government has rationalised calculation of FDI (foreign direct investment).
Private sector will help India weather slowdown: Kamal NathJanuary 30th, 2009 NEW DELHI - A 'disciplined' private sector and an 'aspiring' middle class are the engines of India's economic growth, and will help the country weather the tumultuous times, Commerce and Industry Minister Kamal Nath said Saturday. 'India's aspiring middle class has demonstrated surprising resilience in counterbalancing the global credit crisis and slump in the global export economy of which India is a key player,' the minister said at the World Economic Forum in Davos, Switzerland.
Goa chief minister to meet Kamal Nath on SEZ issueJanuary 4th, 2009 PANAJI - Goa Chief Minister Digambar Kamat will meet union Commerce and Industry Minister Kamal Nath next week in Delhi to reiterate his government's opposition to the special economic zone (SEZ) projects allotted for the state, a Congress MP said Monday. 'The chief minister will lead a delegation of Congress MLAs and MPs to Delhi next week in this regard,' Rajya Sabha MP Shantaram Naik told reporters.