Updated January 7th, 2024 at 19:44 IST
NH capital expenditure increased exponentially in last decade: Gadkari
The road ministry's capital allocation experienced a substantial increase, rising from around Rs 31,130 crore in 2013-14 to Rs 2,70,435 crore in 2023-24.
Union Road Transport and Highways Minister Nitin Gadkari presented statistics to Parliament regarding the exponential rise in capital expenditure on National Highways (NHs) in India. The capital allocation for the road ministry witnessed a surge from roughly Rs 31,130 crore in 2013-14 to a Rs 2,70,435 crore in 2023-24.
This substantial increase in budgetary provisions led to the extensive expansion of the NH network across the nation. Gadkari highlighted the NH network's evolution, expanding from approximately 91,287 km in March 2014 to an extensive 1,46,145 km at present.
The minister outlined the growth of four-lane-plus NHs, including high-speed corridors, which soared by over 250 per cent, expanding from around 18,371 km in March 2014 to approximately 46,179 km. Concurrently, the length of less than two-lane NHs notably decreased from about 27,517 km to around 14,870 km, representing a mere 10 per cent of the total NH network.
Gadkari underscored the completion and inauguration of flagship NH projects, facilitating smoother transportation. These include various sections of major expressways such as Delhi-Mumbai Expressway, Hyderabad-Visakhapatnam, Indore-Hyderabad, and significant infrastructure projects in states like Rajasthan, Assam, Mizoram, and Meghalaya, among others.
Published December 14th, 2023 at 20:53 IST