Centre clears Rs 40,000 crore highway projects

Centre clears Rs 40,000 crore highway projects

Promising to build 30 km of roads a day two years from now as against the 3 km per day at present, Union Road Transport and Highways Minister Nitin Gadkari on Tuesday said his ministry has approved highway projects worth over Rs 40,000 crore for implementation over the next couple of years.

The projects, approved over the past few days, are in the states of Jammu & Kashmir, Himachal Pradesh, Uttarakhand and those in the north-eastern region.

“The approved projects include two-laning and four-laning of national highways in the states and some road projects in Leh and Ladakh,” Gadkari told reporters here.

He said the projects would be complete in two-and-a-half years, and would encourage tourism in the states.The Road Ministry has also announced projects worth Rs 15,000 crore in the country's north-eastern region, comprising Assam, Manipur, Meghalaya, Mizoram, Arunachal Pradesh, Nagaland and Tripura.

With road builders unable to get funds from lending agencies, the government will build these roads by awarding engineering, procurement and construction contracts.

He also promised to revive around 250 highway projects worth Rs 60,000 crore in the next two-three months.

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