India Aims for Record 13,813km Highway Construction in FY24
By Rediff Money Desk, NEWDELHI Feb 02, 2024 18:08
India's Ministry of Road Transport and Highways targets a record 13,813km of highway construction in FY24, aiming to eliminate less than two-lane national highways by 2027-28. Read more.
New Delhi, Feb 2 (PTI) The Ministry of Road Transport and Highways (MoRTH) aims to create a national record by constructing 13,813 km of highways in the current financial year, its Secretary Anurag Jain said on Friday.
Addressing reporters here, Jain said the ministry aims to eliminate less than two-lane national highways by 2027-28.
The total length of less than two-lane National Highways was 25,517 km in March 2012 (which was 30.1 per cent of the total length of National Highways).
At present, the total length of less than two-lane National Highways (NHs) is 14,350 km (9.8 per cent of the total NH length)
The ministry constructed 10,237 km National Highways in the 2019-20 financial year, 13,327 km in 2020-21, 10,457 km in 2021-22, 10,331 km in 2022-23.
The ministry has constructed 6,216 km of National Highways up to December in 2023-24 as compared to 5,774 km constructed in the year-ago period.
Jain further said the road ministry aims to garner Rs 40,000 crore through asset monetisation in the current financial year.
NHAI and National Highways and Infrastructure Development Corporation Ltd (NHIDCL) are primarily responsible for the construction of national highways and expressways in India.
Addressing reporters here, Jain said the ministry aims to eliminate less than two-lane national highways by 2027-28.
The total length of less than two-lane National Highways was 25,517 km in March 2012 (which was 30.1 per cent of the total length of National Highways).
At present, the total length of less than two-lane National Highways (NHs) is 14,350 km (9.8 per cent of the total NH length)
The ministry constructed 10,237 km National Highways in the 2019-20 financial year, 13,327 km in 2020-21, 10,457 km in 2021-22, 10,331 km in 2022-23.
The ministry has constructed 6,216 km of National Highways up to December in 2023-24 as compared to 5,774 km constructed in the year-ago period.
Jain further said the road ministry aims to garner Rs 40,000 crore through asset monetisation in the current financial year.
NHAI and National Highways and Infrastructure Development Corporation Ltd (NHIDCL) are primarily responsible for the construction of national highways and expressways in India.
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