24 October 2017

Cabinet Approves Mega Rs 7-lakh crore Project to Develop 83,000 km Highways

Cabinet Approves Mega Rs 7-lakh crore Project to Develop 83,000 km Highways


The Union Cabinet has approved the biggest ever highway project to develop and expand approximately 83,000 km of roads at an investment of Rs 6.9 lakh crore by 2022. The project also includes the new Bharatmala highway program connecting border areas, improving international, port and coastal connectivity.

Bharatmala is government's mega plan and the second-largest highways project after National Highway Development Project that saw development of about 50,000 km, and aims at improving connectivity in border and other areas.

Important Takeaways from Above News for IBPS PO Mains Exam-
  • The announcements were made by the Finance Minister of India Mr. Arun Jaitley
Source- The Economic Times

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