A Rs 5.35 lakh crore garland of roads to adorn India

Centre's plan to add 83,000 km roads by 2022 may see approval of 7 lakh crore highway development project

It has potential to create 10 crore mandays of employment during the construction phase while another 22 million permanent jobs are expected to be created by the increased economic activity.

The Minister said apart from Rs 5,35,000 crore for the first phase, there is a requirement of Rs 1,57,324 crore for ongoing projects under various schemes, and thus, overall outlay will be Rs 6,92,324 crore over five years.

Gadkari said that the Ministry has finalised the proposals to construct 28 new ring roads.

The government also approved the construction of 2,000 km of roads, along the eastern and western borders of the country to boost border roads and worldwide connectivity.

More news: Aguero equals City's all-time goal-scoring record as leaders cruise

As per the announcement on Tuesday by finance Minister Arun Jaitley, under the Bharatmala Project, Economic Corridors (9,000-km), Inter Corridor and Feeder Route (6,000-km), National Corridors Efficiency Improvement (5,000-km), Border Roads and International Connectivity (2,000-km), Coastal Roads and Port Connectivity (2,000-km), Greenfield Expressways (800-km), Balance National Highways Development Project works (10,000-kms), etc. will get covered. The Bharatmala project also includes a North-East Economic corridor to improve the connectivity in the North East India. He also highlighted 185 choke points identified to decongest corridors.

A total of around 600 projects have been identified across the components for Bharatmala. The minister said multimodal freight movement via seven waterway terminals on river Brahmaputra. It will improve India's connectivity to Nepal, Bhutan, Bangladesh and Myanmar. Presently only six national corridors have in the country. With this, 70 - 80 percent of freight will move along national highway (NH) as against the 40 percent at present.

There will be 9,000 km of economic corridors, inter-corridor and feeder routes (6,000 km), national corridors efficiency improvement (5,000 km), border roads and global connectivity (2,000 km), coastal roads and port connectivity (2,000 km) and greenfield expressways (800 km) in the first phase.

The Minister also spoke of exploring pension and other investment funds while money can be raised through bonds and NHAI, a flagship organisation of the Ministry that has a rating of AAA+.

More news: Modi Inaugurates First Ever All India Institute Of Ayurveda

"Bharatmala Pariyojana will change the destiny of country, is the biggest-ever infra scheme in its history", Gadkari said.

"These road building projects, including the "Bharatmala" project of around 35,000 km with an investment of Rs. 5.35 lakh crore, is likely to create 14.2 crore man-days of jobs", the Cabinet said.

"The quality of highways would be such that they would see no potholes for the next 100 years", he said.

More news: Clinton says WikiLeaks is now a 'subsidiary of Russian intelligence'

Related:

  • Fox knew of Bill O'Reilly harassment settlement before renewing contract

    Fox knew of Bill O'Reilly harassment settlement before renewing contract

    The New York Times first reported the previous five settlements in April, spurring outcry that ended in Mr. O'Reilly wrapped up the allegations this January in a quick 15 days from when the lawsuit was drafted.
    Google Launches 'Pay With Google'

    Google Launches 'Pay With Google'

    As of now, only a handful of shops support Pay with Google , including Dice in the UK, Kayak in the U.S. , and iFood in Brazil. The API enables online payments via a variety of Google services, including Google Play , YouTube , Chrome , and Android Pay .
    With Trump's Approval, The Last Of The JFK Files Can Be Released

    With Trump's Approval, The Last Of The JFK Files Can Be Released

    Sure to be fodder for conspiracy theorists, the files all relate to the assassination of President John F. During the 2016 campaign, Trump made the unfounded claim that the father of GOP rival Sen.
  • Judge denies request for expedited Ezekiel Elliott hearing

    Judge denies request for expedited Ezekiel Elliott hearing

    District Court for the Southern District of NY ruled Elliott's hearing will be held, as originally scheduled, on October 30. Elliott had 147 yards rushing Sunday against the San Francisco 49ers with three touchdowns, two rushing and one receiving.
    Jeremy Lin Out For Season With Ruptured Patella Tendon

    Jeremy Lin Out For Season With Ruptured Patella Tendon

    The serious nature of the injury was immediately apparent when he yelled out "I'm done", laid on the floor and burst into tears. Lin, 29, is in his eighth season in the league and his second with the Nets. "He battled through injuries previous year ".
    Butler involved in a crash

    Butler involved in a crash

    They added: "Someone called 911, paramedics came and took Gerard to a nearby hospital where he was treated for his injuries". According to sources, the 47-year-old was riding in L.A. when he got cut off by a vehicle , causing the star to crash.
  • PM Modi raised Kedarnath issue for political gains; says Congress

    PM Modi raised Kedarnath issue for political gains; says Congress

    It was originally mooted by the National Democratic Alliance (NDA) Government under Atal Bihari Vajpayee in 2003 as a waterway. Ghogha-Dahej ro-ro ferry service is the first of its kind in India and biggest in south Asia.
    Indonesian embassy gathering info on citizens involved in Penang landslide

    Indonesian embassy gathering info on citizens involved in Penang landslide

    Malaysian rescuers have a briefing at a construction site after a landslide in Penang, Malaysia , Saturday, Oct. 21, 2017. Most people trapped are suspected to be foreign construction workers employed at the site, fire officials said.
    Switzerland, Italy, Croatia, Denmark seeded for World Cup play-offs

    Switzerland, Italy, Croatia, Denmark seeded for World Cup play-offs

    Northern Ireland , Ireland, Sweden and Greece will be the unseeded teams in the draw, which takes place tomorrow. Brazil, Portugal, Argentina, Belgium and Poland are also top-seeded for the December 1 draw in Moscow.
  • Bombings Hit Two Mosques in Afghanistan, at Least 50 Killed

    Bombings Hit Two Mosques in Afghanistan, at Least 50 Killed

    Residents say attendance at local Shia mosques in Kabul on Friday has dropped hugely due to fears of being targets. Afghanistan has seen a spate of suicide attacks and bombings in recent months.
    Latest Xbox One update lets you set privacy on your Activity Feed

    Latest Xbox One update lets you set privacy on your Activity Feed

    Each block-which can be a game, friend, Xbox Live Gold, or Xbox Game Pass-gives access to a range of related content. If your internet bandwidth supports 1080p, your Xbox will automatically be switched to that setting.
    Arsenal vs Red Star Belgrade Preview

    Arsenal vs Red Star Belgrade Preview

    Francis Coquelin offers experience in midfield, while Theo Walcott and Jack Wilshere tuck in behind Olivier Giroud . The home side were reduced to ten men at the 80-minute mark and Arsenal took full advantage of the extra man.

Comments

Latest news

Amazon's home invasion continues with Amazon Key
However, today Amazon launched a new piece of hardware that doesn't carry the Echo name, but does include Alexa integration. You'll get a confirmation alert on your smartphone for the delivery, which you can watch live or view on video afterwards.

The Daily Show Rips Fox News for Sexual Misconduct News Hypocrisy
His father had been suspended since August over allegations he sent lewd photos to female coworkers. After O'Reilly's remarks, Eric Sr. said that the coroner has declared his death was an accident.

" "Taylor Swift gets naked for futuristic "…Ready for It" video tease
She's already released three songs from " Reputation ", with the most recent, " Gorgeous ", coming out last week. Both songs will be featured on Swift's upcoming album Reputation which is set to hit stores on November 10.

Lady Gaga joins five Ex-Presidents at charity event
Shortly thereafter, all five ex-presidents appeared in a commercial for a fundraising effort known as " One America Appeal ". A website accepting donations, OneAmericaAppeal.org, was created with 100 percent of proceeds pledged to hurricane relief.

London fights pollution with old diesel vehicle charge
The Toxicity-Charge - known as the T-Charge - is to be levied on top of the existing Congestion Charge of £11.50 for the majority of cars built before 2006.

Congress leaders back Mersal, ask BJP not to 'interfere'
But the BJP has itself to blame for the present scenario, according to an official of the Central Board of Film Certification. In two of them, the actor is seen talking about the ongoing government and other schemes.

Andreas Athanasiou, Red Wings agree to 1-year contract
Athanasiou had until December 1 to sign with a club, the Red Wings leaving at least some time to spare. MLive reported that Athanasiou had been contemplating offers to play in Russia's KHL since late August.

Arsenal midfielder Jack Wilshere: 'Troy Deeney's comments not justified'
Jack Wilshere has hit back at Troy Deeney's comments about Arsenal players lacking "cojones" to battle it out during hard games. Arsenal midfielder Jack Wilshere has claimed that Troy Deeney's comments on the character of the Gunners were "not justified".

Ford Driving Skills for Life brings advanced driver training clinics to Atlanta
Almost half wish they'd learned more about how to change a tire ( 47 percent ) or jump-start a battery ( 44 percent ). In crashes involving teen drivers when the driver wasn't buckled, 84 percent of their passengers weren't, either.

Met Eireann Issues Weather Warnings Ahead Of Storm Brian
Dave Reynolds, a forecaster for The Weather Company, said: "This storm is going to be large enough to affect the whole of the UK". Some transport disruption was "likely", with delays to road, rail, air and ferry transport all possible, the warning added.

Mourinho explains 'mission impossible' at Old Trafford
When is Benfica vs Manchester United? I'm not signing a new five-year contract and I'm not leaving for Paris St Germain. The manager caused concern among United fans over the week-end by saying his current job wouldn't be his last.

Salah wants improved English Premier League showing from Liverpool
The Senegalese winger picked up a hamstring duty while on worldwide duty with his national side and is sidelined for six weeks. The Reds got off to a great start after poor build up play from Maribor saw them surrender possession in a unsafe area.

Dow opens above 23000 on strong IBM results
Investors are also awaiting the Fed's issue of the Beige Book, a periodic snapshot on the health of the USA economy. Advancing issues outnumbered decliners on the NYSE by 1,374 to 1,351.

Duchess of Cambridge dances with Paddington Bear
The duchess has again been struck down by Hyperemesis Gravidarum , the extreme sickness that affected her first two pregnancies. May the rest of her pregnancy progress easily-and quickly, because we can't wait to meet baby number three.

PM to attend centenary celebrations of Patna University, address gathering
PM Modi also appreciated the efforts of ally-turned foe-turned ally Nitish Kumar towards the development of the state. PM Narendra Modi also spoke about the current and former education system of India.

Other news