On February 1, Finance minister Nirmala Sitharaman announced as part of her Budget speech that India’s national highways will be expanded by a whopping 25,000 km in 2022-23. This will be part of the Prime Minister’s Gati Shakti National Master Plan for Multi-modal connectivity. To put this project into action, ₹20,000 crores has been allocated for this project. Read on to know more.
India To Get 25,000 Km Of National Highways In 2022-2023
As part of this project to expand National Highways in India by 25,000km, 70km of roads will be built every day. This is double the 40 km road that was initially planned for 2022. According to a Hindustan Times report, the Economic Survey 2021-22 reveals that 20.89 km of highways were developed daily in 2021-22. This was around half of the annual target of 40km a day fixed for the year. When India faced a countrywide lockdown in 2020-21, around 36.5 km of highways were constructed daily.
Also Read: Here’s What Travel & Hospitality Sector Expects From Budget 2022
Under the able leadership of PM Shri @narendramodi, the Budget 2022-23 will indeed give a big fillip to the overall infrastructure of the country.#AatmanirbharBharatKaBudget #UnionBudget2022 @nitin_gadkari @OfficeOfVKS @FinMinIndia pic.twitter.com/au6DVA5ibp
— MORTHINDIA (@MORTHIndia) February 2, 2022
Also Read: Budget 2020: Government Allocates ₹2500 Crores For Tourism Industry
Multimodal Logistic Parks To Also Come Up
In order to ease travel, 25,000 km of national highways will be constructed in India from 2022-2023. Moreover, Finance minister Nirmala Sitharaman also stated that multimodal logistic parks will also be developed in 2022-2023. In the next three years, citizens can expect to find 100 new cargo terminals as part of the Gati Shakti plan. The government aims to create harmony between logistics, and infrastructure. Union Budget 2022 has also revealed the launch of e-passports with chips embedded to ensure hassle-free foreign travel.