Road & Shipping Projects to cross Rs 6 lakh cr by March : Nitin Gadkari

Posted by Daily Shipping Times on 09-01-2017        Tweet

NEW DELHI: The Government exuded confidence that in value terms, projects in the road and shipping sector would cross over Rs 6 lakh crore by the end of March.

The Government also expressed hope that it would meet its highway construction target of 15,000 km for the current fiscal. "In the road and shipping sector, we have already alloted work of around Rs 4,60,000 crore.

By March-end, we will definitely cross Rs 6 lakh crore. We will try to do more than this," Mr. Nitin Gadkari said recently.

"Till March this year, we would allot work (for highways construction) for 15,000 km," the Minister said.

The Minister further said that the Government was slowly moving toward that target of building 40-41 km of highways per day.

At present, the condition of the infrastructure is very good and the banks which earlier not comfortable is now participating well. In a bid to decongest traffic in the Country, the Government has decided to increase the length of national highways from 96,000 km, at present, to two lakh km, he said.

"In this 2 lakh km, we have already reached around 1.7 lakh km," the Minister added.