AS THE FIRST phase of Bharatmala project is facing huge time and cost overruns, the government is planning to subsume the yet-to-be-awarded projects under the programme in the 2047 Vision plan of the ministry of road transport and highways (MORTH).
The first phase of Bharatmala Pariyojana was launched in 2017 to build 34,800 km of highways at the cost of 5.35 trillion by 2022.
The projected cost has now risen to 10.95 trillion and only 15,045 km of highways or 42% of the target have been constructed.
Award figures for the project stands at 27,384 km, which is 78% of the total.
The sanctioned cost of projects that have been awarded are touching 8.5 trillion.
Actual spending under the project has been ₹4.1 trillion till October-end.
The remaining projects under Bharatmala would be made part of the Vision 2047 plan that also aims to build 50,000 km of high speed corridors.
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