An allocation of Rs 91,823 crore was made to highways for 2020-21, which was revised to Rs 1.01 lakh crore.
“I’m… offering an enhanced outlay of Rs 1,18,101 lakh crore for the Ministry of Highway Transport and Highways, of which Rs 1,08,230 crore is for capital, the very best ever,” stated Sitharaman in her Funds speech whereas tabling the Union Funds 2021-22 in Parliament.
She added that among the flagship corridors and different vital initiatives would see appreciable exercise in 2021-22.
Greater than 13,000 km of roads at a price of Rs 3.3 lakh crore has already been awarded beneath the Rs 5.35-lakh crore Bharatmala Pariyojana, of which 3,800 km have been constructed.
“By March 2022, we’d be awarding one other 8,500 km and full a further 11,000 km of nationwide freeway corridors,” she stated.
To additional increase street infrastructure, extra financial corridors are additionally being deliberate, the FM stated including that 3,500 km of nationwide freeway works in Tamil Nadu at an funding of Rs 1.03 lakh crore.
These embrace Madurai-Kollam hall, Chittoor-Thatchur hall, she stated including that development will begin subsequent yr.
The FM stated 1,100 km of nationwide freeway works might be undertaken in Kerala at an funding of Rs 65,000 crore, together with a 600-km part of Mumbai-Kanyakumari hall. As well as, 675 km of freeway works in West Bengal at a price of Rs 25,000 crore, together with up-gradation of current road-Kolkata –Siliguri, may also be undertaken.
In addition to, nationwide freeway works of round Rs 19,000 crore are at present in progress in Assam, she stated. Additional works of over Rs 34,000 crore masking greater than 1,300 km of nationwide highways might be undertaken within the state within the coming three years, the FM added.
The flagship initiatives which can be to be expedited embrace Delhi-Mumbai Expressway; whereas for Bengaluru-Chennai Expressway, 278 km might be initiated within the present monetary yr and development will start in 2021-22.
The Delhi-Dehradun Financial Hall work might be initiated within the present monetary yr, whereas the Kanpur-Lucknow Expressway work might be initiated in 2021-22.
Likewise, a 277-km Chennai-Salem hall might be awarded quickly and development would begin in 2021-22. As well as, Raipur-Visakhapatnam 464-km mission passing by means of Chhattisgarh, Odisha and north Andhra Pradesh might be awarded within the present yr and development will begin in 2021-22.
Amritsar-Jamnagar development will start in 2021-22, whereas Delhi-Katra development will start in 2021-22.
Terming the Funds a practical one, Highway Transport, Highways and MSMEs Minister Nitin Gadkari stated the provisions for augmenting infrastructure will go a great distance in laying a sound infra for the nation.