By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: Funds not a constraint, only speed of execution is the issue: Nitin Gadkari – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > National > Funds not a constraint, only speed of execution is the issue: Nitin Gadkari – World News Network
National

Funds not a constraint, only speed of execution is the issue: Nitin Gadkari – World News Network

worldnewsnetwork
Last updated: June 24, 2025 12:00 am
worldnewsnetwork 1 month ago
Share
SHARE

Pune (Maharashtra) [India], June 24 (ANI): Union Minister for Road Transport and Highways, Nitin Gadkari, on Monday emphasised the government’s strong financial standing and the urgent need to accelerate infrastructure project execution.
Speaking at the Punyabhushan Award ceremony in Pune, he also took aim at the lack of out-of-the-box thinking within the administration.
“There is no shortage of funds. I often make announcements worth Rs 1 lakh crore to Rs 50,000 crore. People especially journalists find it hard to believe such figures. I tell them to write down every word, and if even one project doesn’t happen, they can run it as breaking news. But today, the problem isn’t funding it’s the lack of speed in execution,” Gadkari said.
He explained that innovative financial models have enabled infrastructure investments far beyond annual budgetary allocations. “Though the budget is Rs 2 lakh crore, I can manage to spend Rs 8 to Rs 10 lakh crore,” he said, highlighting the Indian economy’s dynamic and growth-oriented approach.
Gadkari criticised the rigid functioning of the administration system, likening it to rural animal behaviour. “In villages, when animals move out to graze, they walk in a disciplined straight line. Similarly, our administrative system functions in a rigid, linear way. If someone suggests an out-of-the-box idea, it’s often dismissed outright as ‘not possible’,” he said.
Recalling a significant conversation with the then Finance Commission chairman, Gadkari said that 406 projects worth Rs 3.85 lakh crore were stuck with banks and risked becoming non-performing assets (NPAs). “The issue wasn’t money–it was land acquisition delays, pending utility shifting, lack of railway and environmental clearances, and legal cases. These systemic blockages pushed major companies towards bankruptcy,” he said.
The minister further explained how the government intervened. “We sat together, assessed the projects, and terminated Rs 40,000 crore worth of unviable ones. We revived others and prevented Rs 3 lakh crore worth of NPAs, saving banks and the economy from a major crisis,” he said.
He credited Vijay Kelkar, former bureaucrat and economist, for introducing impactful reforms. “Kelkar Sahab was open to new ideas. He accepted what was reasonable, rejected what was not, and corrected policies accordingly. His goal was always clear India’s economic growth and development.”
Concluding his speech, Gadkari stressed that policy-making is crucial for progress and praised administrative officers who drive systemic change. “Without reform-oriented leadership, even the most capable officials get frustrated. Kelkar’s legacy reminds us that governance must be agile, not rigid,” he said. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Shiromani Akali Dal to intensify stir against Kejriwal regime’s alleged land-grabbing scheme – World News Network

ISRO’s Earth-observing satellite ‘NISAR’ to lift off today from Sriharikota – World News Network

J-K: Terror associate held at Nagrota, three pistols and ammunition recovered – World News Network

“Trump is constantly giving statements, and what is our PM doing?”: Congress leader Imran Masood – World News Network

We expected from PM to clarify that Trump was not involved in ceasefire: Congress MP Sukhdev Bhagat – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article MSys Technologies Rebrands as ‘Aziro’– Signaling a Bold New Era in AI-Native, Innovation-Driven Future – World News Network
Next Article India’s opportunity to leverage its services, experience-driven sectors as engines of growth: NSE CEO Ashish Chauhan – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

Timex Watches Hits Historic High in Q1 FY26, Fueling Record Results for Timex Group India Ltd – World News Network
Business 21 hours ago
Fortis Hiranandani Hospital Vashi Launches Advanced Robotic Surgery Program – World News Network
Business 21 hours ago
Voll Pro Protein Bar: On Top of the Power-Game, Balanced and Enriched – World News Network
Business 21 hours ago
LTIMindtree Partners with Adobe to Launch BlueVerse CraftStudio: A New-Age Marketing Agency Built to Help Clients Maximize and Accelerate AI-Driven Marketing ROI – World News Network
Business 21 hours ago

Sports

Stokes “confident” in Bethell’s ability to bat at number six during 5th Test against India – World News Network
Sports
England to host Ireland for three-match ODI series next year after Women’s T20 World Cup – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

Christopher Nolan’s ‘The Odyssey’ faces backlash for filming in Western Sahara – World News Network
Entertainment
Sonu Nigam announces India tour ‘Satrangi Re’ on his 52nd birthday, releases song ‘Kahani Meri’ – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?