Roads Sector – An Outlook
The Government of India recognised the importance of roads,in the real sense, in early 2000 when the then Prime Minister Sh A.B.Vajpayee,office, took direct charge of the Ministry of Roads & Highways for regular monitoring. This brought about a transformation in the importance of roads and highways for nation building was perceived across the country, and the rest, as they say, is history.
Mr. Rajinder Raina, General Manager-Marketing, Escorts Construction Equipments (ECE) highlights the yawning gap between the government’s ambitious plans for the roads and highways sector and the poor execution of the projects by the contactors.
Unfortunately, the UPA II government did not do enough to keep the momentum going, as a result of which, the road sector experienced a slowdown. This adversely affected the businesses of the EPC contractors and equipment manufacturers involved in road construction.
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NBM&CW July 2017
