Centre approves 8 national high-speed road corridor projects of length 936 km for Rs 50,655 cr
New Delhi: The Cabinet Committee on Economic Affairs approved eight national high-speed road corridor projects on Friday, spanning a total length of 936 km across the country, with an investment of Rs 50,655 crore, Union Minister Ashwini Vaishnaw said in a press briefing.
These new projects have been approved to meet both current and future demands, Vaishnaw stated.
Every rupee spent on infrastructure development has a multiplier effect of about 2.5-3.0 times on GDP, he said.
Notably, the implementation of these projects is expected to generate an estimated 4.42 crore mandays of direct and indirect employment, he added.
Among the key projects, a 68-km four-lane Ayodhya Ring Road will be constructed at a cost of Rs 3,935 crore.
This project aims to reduce congestion on National Highways passing through the city and surrounding areas, facilitating the swift movement of pilgrims visiting the Rama Mandir.
In West Bengal, a 231-km long four-lane high-speed corridor will be developed between Kharagpur and Moregram at a total cost of Rs 10,247 crore.
This highway will help alleviate traffic on the existing two-lane National Highway and increase capacity by about five times between Kharagpur and Moregram.
The project is also expected to improve connectivity between West Bengal, Odisha, Andhra Pradesh, and the North-East, according to the government statement.
“Realizing the importance of infrastructure in overall economic growth of the country, Government of India has been investing heavily in building world-class road infrastructure in the country over the last ten years," Centre said.
Other approved projects:
Agra-Gwalior Corridor: An 88-km six-lane road costing Rs 4,613 crore, improving connectivity to tourist destinations in Uttar Pradesh and Madhya Pradesh.
Tharad-Ahmedabad Corridor: A 214-km six-lane highway in Gujarat costing Rs 10,534 crore, connecting the Amritsar-Jamnagar Corridor and Delhi-Mumbai Expressway for better freight connectivity to major ports in Maharashtra.
Pathalgaon-Gumla Section: A 137-km four-lane road costing Rs 4,473 crore, enhancing connectivity between mining areas and industrial zones in Raipur and Ranchi.
Kanpur Ring Road: A 47-km six-lane road costing Rs 3,298 crore.
Northern Guwahati Bypass: A 121-km four-lane bypass and widening project costing Rs 5,729 crore, including a major bridge over the Brahmaputra River to improve regional connectivity.
Nashik Phata-Khed Corridor: A 30-km eight-lane elevated road near Pune costing Rs 7,827 crore.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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