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Road Infrastructure in India

Road Infrastructure in India Facing a debt of 3.39 lakh Crore?

India as a country is witnessing a major transformation in the road infrastructure department wherein our Road and transport minister Nitin Gadkari has laid foundation stones for a number of projects. Which has increased the cost of the Budget and ran into a debt which is 14 times higher than that of the Financial year 2015.

The fact is that we have been constructing highways for our betterment and to increase the infrastructure and connect important cities to improve the time and logistics cost. This road infrastructure was started in 2014 when our prime minister took a pledge to make the road infrastructure as good as American highways. India had constructed a road infrastructure of nearly 1900 km till 2014 but after seeing the report in 2022 we can see that India has added 4 times the road network which is 4218 km this sounds amazing. But the money spent behind this is huge NHAI had a debt of 24000 crore rupees in 2014 but today it has risen to 3.39 lakh crore making the road infrastructure strong.

Nitin Gadkari has discussed all this in the parliament and has also planned a solution for it. Our major highway projects which are due to be completed in the coming years cost nearly 1 lakh crore rupees which is huge. If you know what asset monetization is not let me tell you. If you open a highway and construct assets like restaurants petrol pumps and food stalls they are assets for the government which can be turned into monetization for future income. Nitin Gadkari has come up with an ambitious target to earn 2 lakh crore rupees from these assets starting 2022–2023.

These earnings will be in the above-mentioned assets, from the toll infrastructure and toll securitization. NHAI will also be developing a GPS-based toll deduction on every highway that will remove every error in the present fast tag system which will let the commuters not wait at the toll booths and drive quickly without wasting any travel time. By this, there are high chances that the toll collection will increase which can be the biggest mode of asset monetization.

NHAI has other plans as well such as launching Bonds to fund the roads infrastructure projects in India, Nitin Gadkari the roads and highways minister has said in the parliament that NHAI will issue bonds at an interest rate higher than that of Banks and common people of India can invest money which will be rated as AAA category government secured bonds. The interest rate for these bonds will be around 7 percent which is 1 to 2 percent higher than the major banks. He said why to go to banks for FDs pensioners can invest money in these bonds and earn 7 percent and get the amount monthly credited to their bank accounts. The permission form SEBI is still pending but once it is done then this might be a game-changing period for NHAI where they will be able to get huge funds from the government as well as the people of India Let’s see how this all goes will meet you in the next exciting blog stay tuned.

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Come India, Let’s All Hate Arvind Kejriwal: Puns And Roses

Funny country, ours is. We love to hate. We are so fed up of our own miserable problems and pathetic administration that we just need a media-created effigy to direct our hatred and burn. Beyond logic. Beyond rationale. Beyond the levels of tolerance and sophistication that one can expect from a country that boasts itself as the world’s largest democracy.

The hate for AK started last year when he resigned as CM of Delhi within 49 days of being voted the majority government. Yes, he betrayed the trusArvind-Kejriwal-2014-Picturest of Delhi, and the whole country, the eyes of which were constantly upon him. The disappointment turned to hate and we coined terms like Farjiwal, Fekriwal, Bhagoda and some of our trademarked Hindi swear words which never cease to evolve every-time they’re mentioned. In more ways than not, justified. All he asked for this week was forgiveness and another chance. He apologized to the people of Delhi, and India. He conceded his mistake and inexperience. Gave his reasoning, and came out pleading for a chance to make things right.

And what do we do?? We lambaste him on social media, accusing him of dramatics, calling him all sorts of things, talking about flogging him publicly and what not! Not to mention his supporters being called AAP-tards and baboons (which, thankfully, is not racist in India). Nobody wanted to touch AK before the elections. He came out and blasted the most influential people in India for corruption and money laundering, and nobody had the balls to do anything more than denying and reverse accusing him on the news. But now that BJP has swept off the elections, Nitin Gadkari comes along and files a defamation suit. Amazing things power does to people. Kejriwal, sent to judicial custody, refused to pay the bail/bond amount of Rs. 10,000 and said that he’d defend himself in court. Why do we accuse him of being above the law? Any defendant has the right to not pay the bail money. It’s an option, not a law. And he said he’d defend his stand in his court hearing. He’s not answerable to the pedestrian unappreciative masses on social media. Wake up and see sense, people. Hating him won’t get you anything. Back in 2011, he went to jail for similar charges. Back then, he was just an activist, not a political leader. It was easy to pick on him. He didn’t pay the bail even then. He was seen as a hero back then. Why wasn’t that perceived as above the law? Our very own national hero, Mahatma Gandhi, was sent to jail by the British. He was offered bail for as little as 1 Rupee, but, he still declined. We reelect criminals to parliament. People with blatant corruption charges, people who have more black money than most people earn legitimately their whole life, rapists, uneducated, worthless ministers. Everyone is forgiven and voted back to parliament. Why not Arvind Kejriwal? A clean record, a degree from India’s premiere technology institute and so many more qualifications that could bring the more than half of the current parliament to shame… and most of all, clean intentions a good heart. I don’t expect this article to be received well by most of you. I’m probably just another AAP-tard baboon on your timelines. Your hate for Congress and AAP has blinded you too much to read or hear anything against anyone remotely related to BJP, let alone trying to look at it objectively. But, to those who see sense like me, I hope you’re in Delhi. Give him another chance. He’s a good man. Posted on May 21, 2014 by Puns And Roses