loading

Mr Gadkari proposes ropeway network for transport

Infra News - Published on Wed, 14 Feb 2018

Image Source: thedispatch.co
Outlook India reported that union minister Mr Nitin Gadkari pitched for a vast network of ropeways across the country and said the cost effective implementation of such a project would prove to be a "game changer" for the transport system. Mr Gadkari said that "The advent of Ropeways would not only ensure the seamless integration in a multi-modal transportation system, but it can also be used as a feeder service to the mass rapid transport system, besides, it will reduce traffic congestion on roads thus minimising road accidents, will save fuel, protect environment from pollution, will save the time."

Mr Gadkari addressing delegates attending a two-day workshop on the "Development of Ropeways, Sustainable Transport, Seamless Connectivity," in a suburban hotel.

The workshop was organised by the Indian Port Rail Corporation Ltd. (IPRCL), an SPV formed under the Ministry of Shipping with the equity participation of major ports.

Talking about infrastructure development for ropeways and presenting a road map for executing such projects, Gadkari said the benefits of this mode of transport are immense as it will reduce travel timing, boost tourism as well as employment.

Mr Gadkari assured the participants that he will make all out efforts to overcome challenges coming in the way of executing the projects, including talking to the Niti Ayog and coordinating with multiple ministries.

He appealed to major ports in the country to come forward and park their money into ropeways projects instead of putting them in banks.

He said that "All major ports are in profit and having surplus money with them. They are depositing the money in banks which will yield the rate of return at maximum 6 per cent. But if they invest their money in such innovative projects, they will reap the benefits in multiples."

Mr Gadkari, however, clarified the Central government would not offer any compensation or subsidy to stake-holders concerned in such projects.

He added that "Let me clarify that while putting their hands into such projects, people (companies) think that what kind of benefit or incentive we are going to get. Let me clarify that we are not going to give any compensation or subsidy. It's not a charitable or profitable move for us. But if they actualise these (ropeway) projects cost effectively, especially through our 'Make-In-India' motto, they will certainly reap an unexpected business."

He further added that the companies should keep in mind that transport fare (for such projects) should be made affordable so that the common man can avail this kind of transport, which will attract more passengers and tourists.

Source :

Posted By : Nanda Koijam on Wed, 14 Feb 2018
Related News from Infra segment
steelguru advert