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India Approves Eight New High-Speed Corridor Projects to Boost Transportation Infrastructure

India Approves Eight New High-Speed Corridor Projects to Boost Transportation Infrastructure
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India Approves Eight New High-Speed Corridor Projects to Boost Transportation Infrastructure

AspectDetails
Date of AnnouncementAugust 2, 2024
AuthorityCabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi
ObjectiveConstruction of eight new national high-speed corridor projects to enhance transportation infrastructure
Total Length936 kilometers
Total BudgetRs 50,655 crore
Employment GenerationApproximately 4.42 crore mandays
Project Categories8-lane, 6-lane, and 4-lane projects
Key Projects1 Nashik Phata - Khed Elevated Road Corridor (30 km, Rs 7,827 crore)2 Agra-Gwalior Project (88 km, Rs 4,613 crore)3 Tharad--Deesa--Mehsana--Ahmedabad Corridor (214 km, Rs 10,534 crore)4 Kanpur Ring Road (47 km, Rs 3,298 crore)5 Ayodhya Ring Road (68 km, Rs 3,935 crore)6 Kharagpur--Moregram Road (231 km, Rs 10,247 crore)7 Pathalgaon and Gumla section (137 km, Rs 4,473 crore)8 Northern Guwahati bypass (121 km, Rs 5,729 crore)
Current Road NetworkTotal Road Network: 63.32 lakh kilometers (as of December 31, 2022)National Highways: 1,44,955 kmRoad Network Composition (as of March 31, 2019): National Highways (2.09%), State Highways (2.84%), Rural roads (71.42%), District roads (9.68%), Urban roads (8.55%)Surfaced Roads: 64.70%
Leading States in NH Infra1 Maharashtra (18,459.25 km, 102 NH)2 Uttar Pradesh (12,270.23 km, 88 NH)3 Rajasthan (10,706.34 km, 52 NH)4 Madhya Pradesh (9,104.64 km, 46 NH)

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