40% Of National Highways Construction Target Achieved So Far In FY23

Image
Capital Market
Last Updated : Dec 09 2022 | 9:18 PM IST
Ministry has set a target of constructing 12,200 km National Highways during 2022-23, against which 4766 km has been constructed till November, 2022. Under Bharatmala Pariyojana, apart from development of Highways/Expressways in the country which facilitate logistic efficiency to India economy, 35 Multi Modal Logistics Parks (MMLPs) are to be developed. These MMLPs would act as major cargo consolidation and distribution hubs. The implementation of Bharatmala Pariyojana along with 35 MMLPs in the country is expected to further increase the logistics efficiency.

Under Bharatmala Pariyojana 191 such points of congestion were identified on the entire network. Of the 191 choke points, de-congestion projects have already been completed in 56 congestion points and de-congestion projects are under implementation in 83 congestion points. The work on remaining 52 congestions points will be awarded for construction by FY 2024-25.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Dec 09 2022 | 10:07 AM IST

Next Story