Roads & Highways News

Regulator Irdai has decided to examine the feasibility of introducing surety bonds by insurance companies for road contracts in the country. In the wake of the COVID-19 pandemic and its subsequent economic impact on liquidity and cash-flows in the Indian banking sector, the Ministry of Road Transport and Highways (MoRTH) had requested the regulator to

To improve highways, a ranking system will be introduced based on performance audit of roads, NHAI said. NHAI has been mandated the task to develop, maintain and manage National Highways, the arterial roads of the country, for inter-state movement of passengers and goods. “In its effort to improve the quality of roads, NHAI has decided