It is announced that the Bharatmala Pariyojana Phase-I is expected to be completed by 2027-28. The project entails a total length of 34,800 km in 31 states and UTs and more than 550 districts. It envisages the development of about 26,000 km length of economic corridors, which – along with the Golden Quadrilateral (GQ) and North-South and East-West (NS-EW) Corridors ...
Amid increasing concerns over their maintenance and upkeep, the government has directed the NHAI to focus on upgrading the existing national highways marking a shift from the current practice of focusing solely on the development of new highways and expressways under the Bharatmala Pariyojana.This could ease congestion on many highways while ensuring their upkeep. As per the NHAI directive, the ...
While various policy levers and conditions are expected to drive unprecedented economic boom in the lives of over 1.4 billion people, the significant growth in infrastructure in recent times has been a key propeller in the development of the country, writes Karan Sethi, Senior Assistant Vice President, Invest India. In its 77th year of independence, India, today, is at the ...
The NHAI has achieved record 3,979 km of highways construction in the just concluded fiscal.Under the Phase -I of the Bharatmala Pariyojana, the government has approved implementation of 34,800km of national highways projects with a target of five years with an outlay of Rs 5.35 lakh crore. Some of the steps included award of projects after adequate project preparation in ...
As per the Ministry of Road Transport and Highways, a total of 246 projects with an aggregate length of about 10,100kms have been awarded till February 2020 under Bharatmala Pariyojana. The total cost incurred towards these projects is Rs 2.38 lakh crore, which also includes projects on Greenfield Corridors. The Government of India had approved Bharatmala Pariyojana Phase-I in October ...
In 2016, India stood in the 35th position from a list of 160 countries in the World Bank’s Logistics Performance Index (LPI). In 2016-17, 6,604km of national highways were constructed against a target of 15,000km. The Ministry for Road Transport & Highways (MoRTH) has, so far, invested over Rs 3 trillion and it is reported that the Ministry for Shipping ...
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