The Cabinet Committee on Economic Affairs on Tuesday approved the six-laning of Narasannapeta-Ranastalam section of National Highway-16 in Andhra Pradesh at a cost of Rs 1,423 crore.
The proposed cost for development of the 54 km stretch includes cost of land acquisition, resettlement and rehabilitation and other pre-construction activities, a statement from the Road Transport and Highways Ministry said.
"The projected traffic in 2016-17 on this stretch is about 33,000 PCUs (Passenger Car Equivalent) per day. Keeping in view the expected traffic growth in the near future, the expansion from existing four lanes to six lanes is a very timely step," it said.
The Ministry said that the project would also increase employment potential for local labourers from project activities.
"Employment potential of around 2,21,000 man-days will be generated locally during the construction period of this stretch," it said.
"Consequent self-employment due to improved traffic conditions would be in addition."
--IANS
vv/him/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
