Government hopes to kick-start 21 road projects
08 Dec 2008
The government has approved 21 projects in the highways sector, envisaging an expenditure of Rs28,303 crore, which would give a boost to investment in infrastructure sector, an official release said.
The projects, under the public private partnership scheme, were approved during the 19th meeting of the appraisal committee on 21 November and are located in different states, the release said.
These schemes form part of the Phase one and two of the National Highways Development Programme (NHDP).
Now that the government has announced a package for the economy, including the infrastructure, it expects these projects to get going soon.
The highway development projects approved include six laning of Kishangarh-Udaipur section at Rs3,076.38 crore, Vijaywada-Eluru-Rajmundray section at Rs2,426.65 crore and Chilkaluripet-Nellore sectopm at Rs2,163.90 crore.
The committee also approved six-laning, four-laning and development of various other sections of highways in Bihar, Kerala, Tamil Nadu, Haryana, Andhra Pradesh, Gujarat, Uttar Pradesh, Orissa and Rajasthan.
The committee has so far approved 77 highway projects, six infrastructure projects, two airport projects and one each in tourism infrastructure and railway sectors, involving total expenditure of Rs8,9891 crore.
The government on Sunday announced an economic stimulus package that included duty cuts on a range of manufactured products and an extra spending of Rs20,000 crore in fiscal 2008-09.