The state government of Kerala in India has given an in-principle approval to raise auto-rickshaw, bus and taxi fares due to an increase of INR 5 (US$0.10) per litre in diesel prices.
November 30, 2012
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The state government of Kerala in India has given an in-principle approval to raise auto-rickshaw, bus and taxi fares due to an increase of INR 5 (US$0.10) per litre in diesel prices.
India’s Madhya Pradesh State is developing plans to upgrade existing roads to highway status. The programme will see up to 2,000km of roads being widened with extra lanes being added as well as new safety measures being installed. The aim of this programme is to boost connectivity in the state, with the plans have been developed by the State Government and now being submitted to India’s Central Government for approval. Funding for the widening and upgrade programme has yet to be announced however. Two of th
Hydraulic breakers and compressors from Chicago Pneumatic are proving productive in India’s expanding granite building stone industry. The Kerala-based granite quarry, National Granite and Hollow Bricks, is successfully using CP1150 and RX22 hydraulic breakers as well as a CPP60E portable air compressor for its key breaking and drilling operations.
Global construction equipment manufacturer Caterpillar reported full-year 2014 sales $55.184 billion, down from $55.656 billion in 2013. Caterpillar also reported fourth-quarter 2014 sales of $14.244 billion, again slightly down at 1% from $14.402 billion in the fourth quarter of 2013. The results and a continued weak to modest improvement has dampened Caterpillar’s expectation of increased sales for 2015, likely to be around $50 billion. “Overall, we had many positives and a better year in 2014 than 2013,”
The Australian National Road and Motorists Association (NRMA) has published a report highlighting a widening gap in national funds available for road maintenance, a gap which the motoring group says has already reached Aus $3.78 billion.
The association is calling on the Federal Government to allocate more fuel excise revenue to road projects, saying up to half of the current 38.1 cents per litre is required to fund the ‘black hole’.
