The Central Government on 2 August approved eight important National High-Speed Road Corridor Projects of length 936 km at a total cost of Rs. 50,655 Crore to improve logistics efficiency, reduce congestion and enhance connectivity across the country.
- The projects include six-lane Agra-Gwalior National High Speed Corridor, four-lane Kharagpur-Moregram National High Speed Corridor, six-lane Tharad – Deesa – Mehsana – Ahmedabad National High-Speed Corridor, four-lane Ayodhya Ring Road, the five-lane section between Pathalgaon and Gumla of Raipur-Ranchi National Highspeed Corridor, six-lane Kanpur Ring Road, four-lane Northern Guwahati Bypass and Widening/Improvement of Existing Guwahati Bypass and eight-lane elevated Nashik Phata – Khed Corridor near Pune.
- The implementation of these 8 projects will generate an estimated 4.42 crore mandays of direct and indirect employment.
- According to the government, every rupee spent on infrastructure development has a multiplier effect of about 2.5-3.0 times on GDP.
- Government has adopted a corridor-based highway infrastructure development approach with focus on ensuring consistent standards, user convenience and logistics efficiency, as compared to the earlier project-based development approach, focused on addressing stretches of local congestion.
