Budget 2022: National highways to be expanded by 25,000 km

Finance Minister Nirmala Sitharaman on Tuesday said national highways will be expanded by 25,000 km during 2022-23 and the national ropeway development programme will be taken up in the public-private partnership (PPP) mode.

Sitharaman announced this while presenting the Budget 2022-23 in Parliament.

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She also said contracts for the implementation of multimodal logistics parks at four locations through the PPP mode will be awarded in 2022-23.

Sitharaman said Rs 20,000 crore will be mobilised through innovative ways of financing to complement the public resources.

"PM Gati Shakti Master Plan for Expressways will be formulated in 2022-23 to facilitate faster movement of people and goods.

"The national highways network will be expanded by 25,000 km in 2022-23," she added.

The minister said that as a preferred ecologically sustainable alternative to conventional roads in difficult hilly areas, the National Ropeways Development Programme will be taken up on the PPP mode.

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She added that the aim is to improve connectivity and convenience for commuters, besides promoting tourism.

Sitharaman contracts for eight ropeway projects for a length of 60 km will be awarded in 2022-23.