Road construction worth Rs 15 lakh cr in next 2 years; auto scrapping policy soon: Gadkari

The government is planning to build highways worth Rs 15 lakh crore in the next two years, Union Minister Nitin Gadkari said on Thursday.

The road transport, highways and MSME minister also said that the auto scrapping policy is likely to be finalised soon.

In a video conference with the members of SIAM (Society of Indian Automobile Manufacturers) Institute over impact of COVID-19 on the automobile sector, the minister suggested to focus on enhancing liquidity in business, as ups and downs are common.

He stressed that one needs to plan for bad times while working for growth and added that the industry should focus more on innovation, technology and research skill to become competitive in global market.

"I have set a target of constructing roads worth Rs 15 lakh crore in the next two years," Gadkari said, adding that his ministry is working overtime to clear all arbitration cases with concessionaires.

The minister informed that he has directed the ministry officials to finalise the ...