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Government To Come Out With New Transport Policy Soon

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Capital Market
Last Updated : Jan 31 2020 | 5:31 PM IST
Nitin Gadkari, Minister for Road Transport & Highways and MSMEs, said that the government will come out with a new transport policy, which will transform the transportation sector, within a month. Speaking at the 3rd edition of 'International Conference and Exhibition on Public Transport Innovation 2020', organized by FICCI and Association of State Road Transport Undertakings, Gadkari invited the corporate sector to share the suggestions to transform the sector. The Minister added that the state public transport agencies have been making losses except for some states in the south and west. The central government is willing to extend all kinds of support to the state transport agencies including sourcing finance from foreign agencies subject to the condition that all are willing to undergo a major transformation.

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First Published: Jan 31 2020 | 5:14 PM IST

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