Sunday, 13 May 2012


The RBI bought back bonds worth Rs81bn of the Rs120bn it was supposed to buy back through the open market operation. (ET)

 State-run oil companies plan to raise petrol prices by about Rs2.25 a litre from Sunday unless the government asks them to defer the move in view of assembly elections. (ET)

 The finance ministry has proposed to infuse Rs150-160bn in about 15 public sector banks by March 31, 2012. (BS)

 NHAI has mopped up approximately Rs240bn at the end of the second day through its taxfree secured redeemable non-convertible bonds (ET).Last time NHAI Bond was flopped in Mumbai market.

Mr.Churchil Alemao(PWD) minister resigned last year,there is no such thing as"Widening with a human touch" create loop holes as well as poth holes ! - said Ivo Oscar Faleiro, former general secretary of Congress.

The government is looking at borrowing around Rs400bn more to make up for the shortfall in revenue receipts and poor disinvestment realization in the current fiscal.

In Sweeden 2008  - 20 pople & 2009  - 8 people died.

In India,herohonda Chowk- housur 20 accidents average everyday.7300 accidents/yearly.

2 Toll Booths are in Vayanadu National highway.

Ezhimala Naval Academy land acqusition office closed in 2010, around 700 case pending,all people looks to sky now & Mr.Kamal Nath looks 15% commission from NH.

Kerala govt. announced Moolampilli package after 4 years of land acqusition for there basic needs.

Highway To hell Tehelka Report " India’s highways and road construction projects are mired in multi-million financial scandals", 13 December 2011 Tuesday.

NHAI told to identify locations on every 100-km stretch Helipads to come up on highways Ajith Athrady New Delhi, Mar 17, DHNS .

States diverting fuel cess funds to meet revenue expenses
C. Shivkumar Business Line Thursday, Dec 02, 2004.

India’s external debt, as of March 2009, was US$229.9 billion (22.0 % of GDP), recording an increase of US$5.3 billion or 2.4 % over 2008 mainly due to the increas...
World Bank loan to lower NHAI's borrowing needs Press Trust of India / New Delhi December 23, 2009.

NHAI may go bankrupt in three years: Plan panel, news.in.msn.com New Delhi:      A report by a senior official in the Planning Commission has said the National Highways Authority of India (NHAI) is heading towards bankrupt...

New alignment shows 29 unnessary curves reported in Kollam dist.it may kill 2 lakhs of keralities with in 30 years.

Jammu Kashmir YIELDS RS 3500 CR TAX REVENUE ANNUALLY ON FUEL, 23 Jan 2011.

Hope  we can change many things in this new year.

Highway Action Forum

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