The Cabinet Committee on Economic Affairs on Wednesday approved the six-laning of approximately 73-km Handia-Varanasi section of National Highway-2 in Uttar Pradesh.
The work will be carried out under the National Highways Development Project Phase-V.
"The approval is in Hybrid Annuity Mode at an estimated cost of Rs 2,147.33 crore, including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities," an official statement said.
The project will reduce time and cost on travel and traffic density on this stretch.
It will help in the socio-economic uplift of people living in certain regions of the state and increase employment potential for local labourers for project activities.
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As many as 4,076 mandays are required for construction of one km of highway.
--IANS
rup/tsb
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