The government had set aside little more than ₹2.58 trillion to build 13,800 km of highways this year. Yet, the Union Ministry of Road Transport and Highways has been able to construct just 5,248 km until November, after having spent about 1.7 trillion, a ministry report said. A substantial sum was allotted to the National Highways Authority of India (NHAI), the nodal agency under the ministry of Road Transport that's responsible for development and maintenance of national highways.
At this tardy pace, it's highly unlikely that the road-addition target for the current fiscal will be achieved, as India gears up for the 2024 national elections. Large infrastructure projects in India continue to be bedevilled by land-acquisition challenges. In the case of road projects, the government hasn't been able to decide the project delivery model that it wants to adopt, leading to a delay in the award of contracts.
Diese Geschichte stammt aus der December 27, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der December 27, 2023-Ausgabe von Mint Mumbai.
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