National Highway Authority of India (NHAI) awarded 150 road projects of 7,400 km worth Rs. 1,22,000 crore in the In Financial Year 2017-18. In last 5 years, the average length of road projects awarded by NHAI was 2,860 km with 4,335 Km awarded in the last financial year.
In comparison, the length of projects awarded in FY 2017-18 is an all-time high and a record achievement by NHAI since its inception in 1995. Under the new protocol, the NHAI board was delegated full powers for sanctioning EPC projects.
Source- DD News
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
- Nitin Gadkari is the present Minister for Road Transport & Highways, Shipping and Water Resources.