BharatMala will put more freight on roads

The proposal is aimed at reducing travel time of key

With a view to improving infrastructure sector in the country, the government on Tuesday announced to build 83,677 km of roads along with an investment of Rs 6.92 lakh crore over the next five years.

He said Bharatmala will considerably improve India's rankings in the Logistic Performance Index and generate huge direct and indirect employment in construction activity. The project will be divided into two parts - Rs 5.35 lakh crore investments will be made under Bharatmala Pariyojana scheme to construct 34,800 km of roads.

The project also entails constructing 6,000 km long inter corridor and feeder routes, 2,000 km of border and global connectivity roads, 5,000 km to be upgraded under the national corridor efficiency programme, 800 km of greenfield expressways, 10,000 km under the national highway development programme and 2,000 km of coastal and port connectivity roads.

Projects such as economic corridors and coastal roads and port connectivity, worldwide connectivity, border roads, roads connecting economically important nodes, green field expresswayswill be brought under its aegis.

"The new highway development programme is both building roads and improving mobility to reduce logistic cost".

He said its first phase includes 24,800 km of roads - economic corridors, border and coastal roads, and greenfield expressways.

"With BharatMala, 550 districts will get linked to national highways against 300 districts at present".


Mr. Malik said 70-80% total freight will move on national highways against 40% freight at present due to BharatMala.

Addressing a press conference here on Wednesday Mr Gadkari said the work on project preparation was in advanced stage for 19,500 km and about 9,000 km bids were invited for engagement of consultant for preparation of Detailed Project Report (DPR).

Finance minister Arun Jaitley said that the government will launch an umbrella road building programme to de-bottleneck the sector. Bharatmala Phase-I will be implemented over a five years period of i.e. 2017-18 to 2021-22.

"With the government spending more on EPC under Bharatmala, it should certainly help not only the road industry but also the economy", said another analyst.

The government also approved the construction of 2,000 km of roads, along the eastern and western borders of the country to boost border roads and worldwide connectivity.

On the funding for Bharatmala, Lavasa said debt worth Rs 2.09 lakh crore will be raised, while private investment worth Rs 1.06 lakh crore will be mobilised through the PPP route.

For projects not covered under the Bharatmala programme, Rs97,000 crore will be provided by the CRF and Rs59,000 crore will be provided as gross budgetary support.

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