The proportion of under-construction, high-risk highway projects has reduced significantly from 53% two years ago to just 21% at present, following a number of steps by the National Highways Authority of India (NHAI), a Crisil report has said.
Work has commenced on six-lane expressway between Delhi and Ahmedabad via Jaipur, Ajmer and Udaipur. The project to be completed in six phases will reduce travel time between Jaipur and Delhi by an hour.
The value of projects awarded to build roads, railways, mining infrastructure, irrigation systems, water supply systems and power transmission lines fell 20.5% year-on-year to Rs 1.38 lakh crore in April-October 2017.
The government’s flagship roads programme, Bharatmala Pariyojana (BMP), is expected to see three times speedier implementation of projects as the guidelines allow “great degree of power” to National Highways Authority of India (NHAI).
Union Minister Nitin Gadkari today flagged off export of Ashok Leylandtrucks by the coastal route to Bangladesh and appealed to automobile manufacturers to opt for coastal shipping mode to transport vehicles.