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Budget 2022: National highways to be expanded by 25,000 km
Sitharaman announced this while presenting the Budget 2022-23 in Parliament.
New Delhi
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.
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.
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