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Nitin Gadkari will Spend ₹15 Lakh CRORE for HIGHWAYS & EXPRESSWAYS Construction in Next 2 Years | India will spend 15 Lakh Crore for Highways Construction in Next 2 years | National Highways Authority of India | Ministry of Road, Transport and Highways | Nitin Gadkari | Pragati Ka Highway | NHAI | MoRTH | Smart City Guide | Expressways in India | India’s Mega Projects | Megaprojects in India | World Record in Highways Construction in India | NHAI Constructing 4600 km Highways | 270 km Tunnels in India
Nitin Gadkari said that the Ministry of Road Transport and Highways aims to spend around ₹15 lakh crore to construct roads and highways across the country in the next two years. The Centre has already allowed 100 per cent foreign direct investment in the road and highways sector which will further boost his ministry’s resources to achieve the target.
Gadkari is confident that his ministry will be able to improve its performance in the current fiscal and achieve the target of 40 kilometres of highway construction every day.
Road infrastructure in India has been progressing at a rapid rate with a record 37 kms of roads being built every day. The National Highways Authority of India (NHAI) recently achieved a major feat by building a four-lane highway of 2,580 metres length within 24 hours, creating a world record.
By March 20 this year, India has built 1,37,625 kms of highways compared to only 91,287 kms in April 2014. During this period, India has also spent five times more money to construct highways. Gadkari said that India has added more than 50 per cent length of national highways in the past seven years.
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