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Maneka Gandhi declares assets worth Rs 97 Cr and files nomination papers from SultanpurGlobal Debt & Fiscal Silhouette rising! Do Elections contribute to fiscal slippages?ISRO study reveals possibility of water ice in polar cratersGST - Statutory requirement to carry the necessary documents should not be made redundant - Mistake committed by appellant is not extending e-way bill after the expiry, despite such liberty being granted under the Rules attracts penalty: HCBiden says migration has been good for US economyGST - Tax paid under wrong head of IGST instead of CGST/SGST - 'Relevant Date' for refund would be the date when tax is paid under the correct head: HCUS says NO to Rafah operation unless humanitarian plan is in place + Colombia snaps off ties with IsraelGST - Petitioner was given no opportunity to object to retrospective cancellation of registration - Order is also bereft of any details: HCMay Day protests in Paris & Istanbul; hundreds arrestedGST - Proper officer should have at least considered the reply on merits before forming an opinion - Ex facie, proper officer has not applied his mind: HCSaudi fitness instructor jailed for social media post - Amnesty International seeks releaseGST - A Rs.17.90 crores demand confirmed on Kendriya Bhandar by observing that reply is insufficient - Non-application of mind is clearly written all over the order: HCDelhi HC orders DGCA to deregister GO First’s aircraftGST - Neither the SCN nor the order spell the reasons for retrospective cancellation of registration, therefore, they are set aside: HCIndia successfully tests SMART anti-submarine missile-assisted torpedo systemST - Appellant was performing statutory functions as mandated by EPF & MP Act, and the Constitution of India, as per Board's Circular 96/7/2007-ST , services provided under Statutory obligations are not taxable: CESTATKiller heatwave kills hundreds of thousands of fish in Southern VietnamI-T - Scrutiny assessment order cannot be assailed where assessee confuses it with order passed pursuant to invocation of revisionary power u/s 263: HCHong Kong struck by close to 1000 lightningI-T - Assessment order invalidated where passed in rushed manner to avoid being hit by impending end of limitation period: HCColumbia Univ campus turns into ‘American Gaza’ - Pro-Palestinian students & counter-protesters clashI-T - Additions framed on account of bogus purchases merits being restricted to profit element embedded therein, where AO has not doubted sales made out of such purchases: HCIndia to host prestigious 46th Antarctic Treaty Consultative MeetingI-T - Miscellaneous Application before ITAT delayed by 1279 days without any just causes or bona fide; no relief for assessee: HCAdani Port & SEZ secures AAA RatingI-T - Assessee is eligible for deduction u/s 54EC on account of investment made in REC Bonds, provided both investments were made within period of six months as prescribed u/s 54EC: ITATNominations for Padma Awards 2025 beginsI-T - PCIT cannot invoke revisionary jurisdiction u/s 263 when there is no case of lack of enquiry or adequate enquiry on part of AO: ITATMissile-Assisted Release of Torpedo system successfully flight-tested by DRDOI-T - If purchases & corresponding sales were duly matched, it cannot be said that same were made out of disclosed sources of income: ITATViksit Bharat @2047: Taxes form the BedrockI-T - Reopening of assessment is invalid as while recording reasons for reopening of assessment, AO has not thoroughly examined materials available in his own record : ITAT
 
Govt focuses on building a safe and environmentally sound Road Network

By TIOL News Service

NEW DELHI, DEC 25, 2015: THE year 2015 has seen strengthening of the resolve of the Ministry of Road Transport and Highways to create and maintain a countrywide network of road infrastructure that is mechanically strong, designed to ensure safety for commuters and is compatible with the requirements of efficient and sustainable development. The period has seen a lot of intense and focussed activity in the sector with the Ministry having taken several initiatives towards fulfilment of its larger objectives.

India has about 52.32 lakh km of road network, which is the second largest in the world. The length of various categories of roads is as under:-

National Highways 1,00,475 km

State Highways 1,48,256 km

Other Roads 49,83,579 km

During the current FY till 30.11.2015, 5331 Kms length of National Highways have been awarded while 3480 Kms have been constructed.

The Government has approved a scheme for development of about 1,177km of NHs and 4,276km of State Roads in Left Wing Extremism (LWE) affected areas as a Special Project with an estimated cost of about Rs. 7,300 Crore.

Development of Vijayawada Ranchi route

Out of 1,622 km long LWE affected Vijayawada - Ranchi route, development of 600 km (net length 594 km) of State Roads in Odisha (548 km Newly declared NH and 46 km SH), not covered in any Central or State Scheme has been approved by the Government at a cost of Rs 1,200 crore on 4 th November, 2010.

So far, the detailed estimates for all the 9 packages in an aggregate length of 594 km have been sanctioned at an estimated cost of Rs. 1,333 crore and works were awarded. Out of these, 2 Nos works covering 157 km length were terminated and they have been re-awarded.

Ministry's initiatives to leverage more resources through Private Sector Investment for development of non-NHDP NHs

About 17 projects of about 1,950 km length were identified as non-NHDP NH Sections for taking up on BOT(Toll) basis through private sector participation. However, 13 projects for about 1395 km length have been awarded under BOT (Toll) basis and a length of 846 has already been completed. The remaining stretches which could not be awarded under BOT (Toll) basis, are being awarded under EPC Mode under NH (O).

For BOT (Toll) projects, the cost for preconstruction activities are to be met from the available allocations under NH(O). The Viability Gap Funding (VGF) upto 20% of the Total Project Cost (TPC) for these projects are proposed to be met from the support from the Ministry of Finance under its VGF Scheme; the balance VGF upto 20% is to be met from available allocations of the Ministry under NH (O). Taking up of these projects on BOT (Toll) would ensure their proper long term operation and maintenance.

New Initiatives

1. Bharat Mala - 5500 km - to develop roads along the international borders and coastal areas

2. Special Scheme - 6000 km - roads facilitating connectivity to religious /tourist places and providing connectivity to backward regions

3. District Connectivity - development of National Highways providing connectivity to district headquarters

4. Setu Bharatam - All the level crossings and narrow/weak bridges to be replaced by Railway Over / Under Bridges and new constructions

Targets for 2015-16

During this year 2015-16, the Ministry has target to award 10,000Km of National Highways, which is 25% more than the stretches awarded during last year. Similarly, Ministry has target to complete work in 6300 km of stretches, which is around 45% more the km completed during the last year.

PPPs showing signs of recovery

PPPs are also showing signs of recovery. In 2015 -16, 7 PPP projects with aggregate length of 874 Kms and cost of Rs 11,927 Cr. have been awarded so far.

 

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