Private sector will help India weather slowdown: Kamal Nath

September 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.

August 18th, 2009 LONDON - Road Transport and Highways Minister Kamal Nath brings his 'roadshow' to Britain Sep 1 to attract British investment into India, which he says will build more roads than any other country over the next two years. Kamal Nath will spend two days in London Sep 1-2 talking to business leaders, bankers and investors, telling them there is money to be made investing in India's roads in the current financial climate.

August 10th, 2009 NEW DELHI - To attract foreign investment in the road sector in India, Road Transport and Highways Minister Kamal Nath will inaugurate a road show in Zurich on Tuesday. The road show "Building India: Road Infrastructure Summit " is being jointly organized by Confederation of Indian Industries (CII), ICICI Bank, J M Financial Consultants Ltd.

August 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.

July 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.

July 14th, 2009 NEW DELHI - Union Road Transport Minister Kamal Nath on Tuesday said that the Cente has plans to set up an organization to develop and manage expressways in the country. "We are looking at setting up an Expressway Authority in the same line with NHAI (National Highway Authority of India) but distinct with the specifics with only building expressways.

May 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.

May 25th, 2009 NEW DELHI - The Congress-led coalition government at the centre may not offer any further fiscal stimulus as the mounting fiscal deficit has left little room for more such measures, a senior cabinet minister said here Monday. I don't know whether the fiscal deficit we have has left any room for another stimulus...

May 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.

February 11th, 2009 NEW DELHI - The government has rationalised the foreign investment norms as there is a tightening in the global markets, but the cap on such investments in single-brand retail would continue, Commerce Minister Kamal Nath said here Thursday. 'The government has rationalised calculation of FDI (foreign direct investment).

February 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).

February 9th, 2009 NEW DELHI - Interest rates for the Indian corporate sector were still 'very high' and must be reduced, Commerce Minister Kamal Nath said here Tuesday. 'This is under the domain of the RBI (Reserve Bank of India) but my own view is that interest rates are very high and the interest rate should be reduced,' Kamal Nath told reporters ahead of the interim budget Feb 16.

February 5th, 2009 NEW DELHI - Reserve Bank of India (RBI) should take calibrated measures to boost the economy, Commerce Minister Kamal Nath said here Friday, adding that the third stimulus package was still under formulation. 'Some sectors are in difficulty, the RBI should take measures but the government also has limitations, we are still looking at formulating the new stimulus package,' Kamal Nath told reporters after meeting with a Finnish business delegation.

January 18th, 2009 NEW DELHI - Maintaining that India will grow by at least 7 percent this fiscal, Commerce Minister Kamal Nath Monday said the government was considering another stimulus package to pump prime the economy. Addressing the 'Partnership Summit 2009' of the Confederation of Indian Industry (CII) here, the minister said the falling inflation rate, now at a little over 5 percent, would help unveil another package.

January 18th, 2009 NEW DELHI - Commerce Minister Kamal Nath continued to maintain that the Rs.70 billion fraud at Satyam Computer Services was a 'one-off delinquency', though Prime Minister Manmohan Singh has called it a 'blot' on India's corporate image. 'One cannot smear the Indian corporate sector.