Kamal Nath looks to overhaul ‘old regulatory framework’
India needs to rework its regulatory policy framework for road infrastructure,the new transport minister Kamal Nath said.
Written by Reuters
New Delhi |
1 min read
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India needs to rework its regulatory policy framework for road infrastructure,the new transport minister said on Friday,as the government looks at the sector to boost growth in a flagging economy.
“Old regulatory framework needs to be looked in a new way,” Transport Minister Kamal Nath told a news conference.
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India’s economy slowed to a six-year low of 6.7 percent in the year to March 2009,and many expect it to slow further to 6 percent in the current fiscal year,compared with 9 percent or more in the recent past.
