On Friday, the Narendra Modi administration authorized eight significant 936-kilometer National High-Speed Road Corridor Projects.
In an effort to increase connectivity, lessen traffic, and improve logistics efficiency nationwide, the Narendra Modi administration authorized eight significant National High-Speed Road Corridor Projects on Friday. The projects have a combined length of 936 km and a total cost of Rs. 50,655 crore.
“To improve logistics efficiency, reduce congestion, and enhance connectivity across the country, the Cabinet today approved eight important National High-Speed Road Corridor Projects of length 936 km at a total cost of over ₹50,000 crore,” Union minister Ashwini Vaishnaw said.
The projects comprise the following: a six-lane national high-speed corridor connecting Agra and Gwalior; a four-lane national high-speed corridor connecting Kharagpur and Moregram; a six-lane national high-speed corridor connecting Tharad, Deesa, Mehsana, and Ahmedabad; a four-lane Ayodhya Ring Road; a five-lane segment of the Raipur-Ranchi national high-speed corridor connecting Pathalgaon and Gumla; six-lane Kanpur Ring Road; a four-lane Northern Guwahati Bypass and Widening/Improvement of the Existing Guwahati Bypass; and an eight-lane elevated Nashik Phata – Khed Corridor near Pune.
PM Modi received a historic mandate from 140 crore Indians. After sixty years, a government came back to power for a third term in a row because of them. Vaishnaw said that ₹76,000 crore will be spent in Vadhavan Port if the government is formed.
The government emphasized as much in its statement: “Developing a nation’s infrastructure is essential to raising its residents’ standard of living and lays the groundwork for economic progress. A rupee invested in infrastructure development multiplies the GDP by a factor of 2.5–3.0.”
In a statement, the government claimed that from Rs. 50,000 crore in 2013–14 to around Rs. 3.1 lakh crore in 2023–24, the entire capital investment on national highways, including private investment, had grown by six times.
“In addition, the government has embraced a corridor-based approach to highway infrastructure development, emphasizing uniform standards, user-friendliness, and logistical effectiveness, in contrast to the previous project-based approach, which was concentrated on resolving local congestion corridors,” the government statement stated.