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Nationwide Freeway information immediately: Union Highway Transport and Highways Minister Nitin Gadkari on Wednesday sanctioned Rs 3,228.4 crore for upgrading sure Nationwide Highways in Karnataka and West Bengal. Out of the sum of Rs 3,228.4 crore, an quantity of Rs 2,675.3 crore was authorised for the four-laning of the Belgaum-Hungund-Raichur part of Nationwide Freeway (NH) 748A in Bagalkot and Belgavi districts in Karnataka, and Rs 553.1 crore for the event and four-laning of the Krishnagar-Behrampore and Barasat-Barajaguli sections on Nationwide Freeway 34, based on two separate official statements.
The work on NH 748A, spanning a distance of 92.4 kilometres, shall be undertaken by the hybrid annuity mode, the Union Minister stated on microblogging website X (previously Twitter).
The minister described the four-laning of the Belgaum-Hungund-Raichur mission of the Nationwide Freeway as “an integral a part of the Panaji-Hyderabad EC10 hall”. The cumulative size of the work on NH 34 stands at 28.23 kilometres.
The enhancement of those segments goals to alleviate congestion on the present two-lane freeway, fostering a extra environment friendly motion of freight from South Bengal to North Bengal, the minister added.
The hybrid annuity mannequin (HAM) is geared toward dashing up the development of highways within the nation by participating non-public builders.
Below this mannequin, which entails public-private partnerships (PPP), the federal government pays 40 per cent of the mission value in the course of the building interval and releases the remaining 60 per cent as annuity funds over the operational interval.
With inputs from companies
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