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New speed breaker on India’s road to $ 5 trn economy; NHAI’s mounting debt NHAI’s debt has increased seven-fold in the past five years Current Affairs :-  India’s way to monetary recuperation faces another impediment, with Prime Minister Narendra Modi asking the state street developer to quit building thruways after its obligation expanded just about seven-overlap in the course of recent years. “National Highways Authority of India absolutely logjammed with spontaneous and unreasonable development of streets,” the head administrator’s office wrote to NHAI in a letter dated August 17. “NHAI ordered to pay a few times the land cost; its development costs additionally shooting up. Street foundation has turned out to be monetarily unviable.” Modi’s office suggested that NHAI be changed into a street resource the board organization, as per the letter acquired by Bloomberg, and the head administrator’s office asked NHAI to answer inside seven days. The choice is an inve...

100-day agenda: Commerce ministry pushes for separate logistics department Official estimates put the size of the Indian logistics market at $100-125 billion and growing at about 5% annually Economy :-In an offer to bring every administrative control over the coordinations division under the care of its, the business and industry service has pushed for the making of a different office for coordinations. Submitted to the Cabinet, the proposition is a piece of the service’s 100-day plan, and has the help of the Prime Minister’s Office (PMO), sources said. Be that as it may, the move may discover restriction from different services, for example, street transport and delivering, in the event that they feel their marquee plans are being given over to another service. For example, the arrangement of coordinations parks visualized under the more extensive Bharatmala plan of the street transport service may now be executed by Udyog Bhavan, which has supported the arrangement t...