Nitin Gadkari says a new model to be formulated for small investors in infrastructure
Union Minister for Road Transport and Highways Nitin Gadkari has said
that a new model will be formulated for small investors to invest in
infrastructure. Inaugurating the 3rd Edition of Roads and Highways Summit of
FICCI he said opportunities will be there for common people to get assured
returns on their investments. The Minister said country has the second highest
road network in the world and this is the time to expand road network and take
it to two lakh kilometres by the end of 2024.
Gadkari
spoke about the challenge of reducing the logistics cost from 16 per cent to 10
per cent. He said integrated approach is needed to achieve a reduction in
logistics cost. The Minister said the use of petrol and diesel should be
reduced and alternative fuels like LNG and ethanol, methanol, hydrogen should
be encouraged as they are cost-effective and sustainable