Gadkari proposes setting up of innovation Bank for new ideas

Union Minister for Road Transport and Highways Nitin Gadkari has proposed setting up of Innovation Bank for new ideas, research findings and technologies to focus on ‘Quality’ in infrastructure development.

Virtually addressing the inaugural function of the 222nd Mid-Term Council Meeting of the Indian Roads Congress (IRC), he said new initiatives are expected from IRC, Innovation should be the focus area for all Engineers.

He said IRC should develop a World-class state-of-art laboratory with the help of IITs and global institutions in the world, according to a release by the Ministry of Road Transport and Highways.

Gadkari said infrastructure development has an important role in fulfilling the vision of Prime Minister Narendra Modi to make India a 5 trillion-dollar economy and road infrastructure is directly linked to the prosperity of that region.

He said road infrastructure connects people, culture and society and brings prosperity through socio-economic development.