NHAI to build 5,795 km NHs in aspirational districts
Over 100 Aspirational Districts would undergo the construction of 5,795 km of National Highways (NHs) under a Rs one trillion programme, which is about to be unveiled. The Road Ministry has selected 221 projects for expansion. The 5,566-km of roadways are already under construction in those districts, for Rs 66,000 crore. The previous reports highlighted that since the financial year (FY) 2014-15, the National Highways Authority of India鈥檚 (NHAI) debt increased 14 times to over Rs three trillion from Rs 24,188 crore at the end of January 2022.
Particularly in FY22 and FY21, it borrowed nearly Rs 65,000 crore each. But reportedly, the Central Government now plans to reduce it by Rs one trillion by 2024-25. According to the data of the Ministry of Road Transport and Highways (MoRTH), all Aspirational Districts are already connected highways. The extension would enhance economic activity in these areas. In the last five years, more than 6,000 km NH has been constructed, which also connects ambitious districts. As per the ministry鈥檚 annual report, in the first nine months of FY 2021-22, 5,835-km national highways have been built.
A-303, Navbharat
Estates,
Zakaria Bunder Road,
Sewri (West), Mumbai - 400 015,
Maharashtra, India
+91-22-24193000
Subscriber@ASAPPinfoGlobal.com