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Published 21:27 IST, August 2nd 2024

Government gives nod to eight high-speed road corridor projects

The initiative aims to boost regional economies and improve overall transportation efficiency across the country.

Reported by: Business Desk
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New road projects: On August 2, the Union Cabinet approved eight national high-speed road corridor projects, spanning a total length of 936 km and costing over Rs 50,655 crore, as announced by Union Minister Ashwini Vaishnaw during a press briefing.

The approved projects are as follows:

  • 6-Lane Agra-Gwalior National High-Speed Corridor
  • 4-Lane Kharagpur-Moregram National High-Speed Corridor
  • 6-Lane Tharad-Deesa-Mehsana Ahmedabad National High-Speed Corridor
  • 4-Lane Ayodhya Ring Road
  • 4-Lane Section between Pathalgaon and Gumla of Raipur-Ranchi National High-Speed Corridor
  • 6-Lane Kanpur Ring Road
  • 4-Lane Northern Guwahati Bypass and Widening/Improvement of Existing Guwahati Bypass
  • 8-Lane Elevated Nashik Phata-Khed Corridor near Pune

Key highlights of these projects include:

  • Travel time between Agra and Gwalior will be reduced by 50 per cent.
  • The Kharagpur-Moregram corridor is expected to transform the economy of West Bengal and the North-East.
  • The Kanpur Ring Road will help decongest highway networks around Kanpur.
  • The completion of the Raipur-Ranchi Corridor will unlock growth potential in Jharkhand and Chhattisgarh.
  • The new corridor between Tharad and Ahmedabad will complete the high-speed road network in Gujarat, ensuring seamless port connectivity and reducing logistics costs.

These developments aim to significantly improve connectivity, boost regional economies, and improve overall transportation efficiency across the country.

 

Updated 21:27 IST, August 2nd 2024

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