Government to terminate three highways project worth Rs. 3,000 crore
Posted on: 23 Apr 2016 14:22:32
23 April 2016 Current Affairs: The Union Road Transport and Highways Ministry has taken a decision to terminate three highway projects worth over Rs. 3,000 croreThe government has decided to terminate three highway projects in Jharkhand, Haryana and Uttarakhand on account of poor show by the developers.
The three highway projects are projects are :
Rargaon-Jamshedpur (Rs. 1,650 crore) in Jharkhand
Rohtak-Jind (Rs. 410 crore) in Haryana
Haridwar-Dehradun (Rs. 1,021 crore) in Uttarakhand.
While in the first two projects, which were started in December 2012 and October 2013 respectively, the NHAI had suspected diversion of funds, the concessionaire failed to bring in promised funds in the Uttarakhand project which had begun construction in November 2011. None of these projects had even completed half the work.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail