New Delhi: Union Finance Minister Nirmala Sitharaman tabled the Budget for 2022-23 in Parliament today. The minister announced the country’s national highway will be expanded by 25,000 km under PM Modi’s Gati Shakti Yojna for multi-modal connectivity.
This concludes that 70kms roads will be built daily, that almost doubles the rate of 40 km that was set for 2022. An allotment of ₹20,000 crore has been proposed for the project.
The Economic Survey 2021-22 released on Monday said that in 2021-22 (till September), 20.89 km of highways were constructed daily, which was almost half of the annual target of 40 km a day set for the year. This was also slightly more than 36.5 km per day in 2020-21 when a countrywide lockdown was imposed to check the Covid-19 spread.
Sitharaman also announced that 100 new cargo terminals will be developed in the next three years. This too will come under the Gati Shakti plan. Launched in October last year, the plan is aimed at coordinated planning and execution of infrastructure projects and bringing down logistics costs. The idea is to create a synergy between infrastructure and logistics, both of people and goods, and the location of projects.
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