Centre to invest Rs 25,000 crore Bharat Mala project on fast track

Posted by Daily Shipping Times on 18-12-2017        Tweet

NEW DELHI: The Union Ministry of Road Transport and Highways has put on fast track the construction of highways along India's International border.

Under Bharat Mala project, the Ministry will construct nearly 2,000 km of roads that will connect India's major highways with international trade points.

The Ministry will spend Rs 25,000 crore to develop road connectivity with several south Asian countries.

Union Transport Minister Nitin Gadkari said India has proposed USD 1 billion line of credit to promote sea, air and road connectivity projects with ASEAN.

"For Bharat Mala project, around 2,000 km with an outlay of Rs 25,000 crore has been earmarked to connect India's major highway corridors to international trade points. This will facilitate export/import trade with Nepal, Bhutan, Bangladesh and Myanmar," Gadkari said.

About BBIN (Bangladesh, Bhutan, India, Nepal) Motor Vehicles Agreement, Gadkari said action has been initiated for implementation of BBIN MVA by Bangladesh, India and Nepal. It may be noted that Bharat Mala Pariyojana is the biggest highway development programme initiated by the Government.

The project also envisage developing coastal and port connectivity roads and green field expressways.