Cabinet approves construction of 84,000 km roads at Rs 7 lakh crore

Image
IANS New Delhi
Last Updated : Oct 24 2017 | 5:57 PM IST

The Union Cabinet on Tuesday approved road building programmes of around Rs 7 lakh crore with a target to construct 83,677 km of roads in the next five years.

These programmes, including Bharatmala project of around 35,000 km with an investment of Rs 5.35 lakh crore, are likely to create 14.2 crore Mandays of jobs.

"The Bharatmala project include 9,000 km of economic corridor to smoothen connectivity of manufacturing hubs," the government announced at a media briefing after a meeting of the Union Cabinet.

Finance Secretary Ashok Lavasa said to ensure holistic connectivity, the government has approved creation of an Inter Corridor and feeder routes.

"Through this 6,000 km of roads will be constructed," he said.

To boost border roads and international connectivity, the government approved construction of 2,000 km of roads along the eastern and western borders of the country.

Boosting all-round connectivity, the government also approved construction of roads of 10,000 km.

--IANS

vn-spk/bns/rn

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: Oct 24 2017 | 5:44 PM IST

Next Story