C.P. Joshi, India’s union minister of road transport and highways, has reviewed the plan for award and completion of road works during the current 2013-2014 fiscal year, which identifies steps for restoring the pace of award of road projects in the coming year and includes scheme-wise targets for each month.
The plan was prepared by the India’s Ministry of Road Transport and Highways, as well as the National Highways Authority of India. Joshi has finalized an initial target for the ministry of 3,800 kilometers (about 2,361 miles) on national highways in the first six months of the fiscal year, which exceeds the target of 1,864 miles as announced by the finance minister in his budget speech. The internal target was specified as 5,592 miles for the entire year, which will ensure at least 4,536 miles are completed, the ministry said in a written statement.
The plan follows an “extremely challenging period” in fiscal year 2012-2013 when award of road projects declined to 1,201 miles because of lack of equity with road construction companies and the overall economic environment, the ministry added.