The Cabinet Committee on Economic Affairs, CCEA, has given its approval for four laning of Jharpokharia-Baripada-Baleshwar section of NH-5 in Odisha. The four laning will be done under the National Highways Development Project phase IV on Build, Operate and Transfer pattern. The 80.6 km road construction is estimated to incur an expenditure of about 761 crore rupees. Our Correspondent reports, the project will expedite improvement of infrastructure in the state and also reduce the time and cost of travel for traffic. Development of the stretch will also help in uplifting the socio-economic condition of this region. It will also increase employment potential for local labourers for project activities. The CCEA has also given its nod to continuation of reservation quota for Indian Telephone Industries, ITI, in procurement and network rollout orders of turn-key peojects of BSNL and MTNL. This will enable ITI to survive in the competitive environment of telecom manufacturing.As per CCEA decision, the public sector telecom companies BSNL and MTNL will continue to give 30 percent of procurement orders and 20 per cent of network rollout to ITI.
News On AIR | January 15, 2014 2:11 PM
CCEA nod for 4-laning of Odisha NH-5; reservation quota of ITI to continue