Union Minister for Road Transport, Highways and Shipping Nitin Gadkari today said that the Government is considering to establish road connectivity between India and Sri Lanka.
He was speaking after laying foundation stones of the National Highway projects in Madurai and at Suchindram in Kanyakumari district today.
The Government is planning a big flyover connecting Rameshwaram to Sri Lanka has to be constructed. adkari said he had already held discussions with the Chairman of Asian Development Bank in this regard and the Bank is ready to finance it.
The Minister said this project is a part of Prime Minister NarendraModi's vision of provisioning of road connectivity to neighbouring countries. Minister laid foundation stones for ten road development projects for Tamil Nadu worth Rs 3,000 crore.
Gadkari announced that the work on the multi-croreColachel International Transshipment terminal will begin soon. He also stated that the feasibility study on the project, which will provide a fillip to the economy of the state, has already been completed.
Tamil Nadu Chief Minister Jayalalitha has assured that the state would extend full support to the project, he added.
The Union Minister also announced Rs 10,000 croreworth new road projects for Tamil Nadu for the current financial year and said the Centre would sanction 571 kms of new highways in the state under the Bharat Mala project connecting district headquarters with existing National Highways.
Besides, 81 kms road would be developed under the project connecting places of religious tourism. He said the four- lane work of Kanyakumari to Kerala border in the National Highway 47 would be taken up this year itself with a total outlay of Rs 850 crore.
Farmers would be provided compensation as per the provisions of the new Land Acquisition Act. Stating that land acquisition is a major hurdle for road development, he pointed out that the Centre is ready to give Rs 1,000 crore to neighbouring Kerala. But land is a major problem there. He pointed out that in such a situation the potential of water transport must be harnessed to the maximum.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)