The Ministry of Road Transport and Highways (MoRTH) through its various implementing agencies has constructed 8,045 kms of highways up to February 2022 during the current financial year, Parliament was informed on Wednesday.
The National Highways Authority of India (NHAI) and National Highways and Infrastructure Development Corporation (NHIDCL) are primarily responsible for the construction of National Highways and expressways across the country.
In a written reply in the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said the ministry has constructed 10,237 kms in 2019-20; 13,327 kms in 2020-21; and 8,045 kms up to February during the current financial year 2021-22.
Gadkari further said his ministry envisaged to construct about 60,000 kms of National Highways during the five year period from 2019-20 to 2023-24, of which 31,609 kms have been constructed up to February 2022.
The balance length of about 28,391 kms is planned to be constructed in the remaining period from March-2022 to the end of the financial year 2023-24, he added.
Replying to a separate question, Gadkari said against the targeted revenue of Rs 13,000 crore from monetisation of National Highways during FY2021-22, actual revenue till date is Rs 8,361.40 crore.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.