India targets building 2,500-km highways in 2010-11
India plans to build 2,500 km of new highways in 2010-11, which means 7 km will be added to the network every day -- well below the revised target of 12 km.business Updated: May 17, 2010 17:17 IST
India plans to build 2,500 km of new highways in 2010-11, which means 7 km will be added to the network every day -- well below the revised target of 12 km.
Last year, only 2,008.93 km highways could be constructed against the target of building 3,165.55 km.
The government had last year set a target of building 20 km of highways everyday as part of its plans to improve infrastructure.
But recently, Road Transport Minister Kamal Nath said the target had been lowered to 12-13 km per day.
The country Monday set targets for the infrastructure sector, critical to its economic growth, for this fiscal.
The government targets to award contracts for 9,000 km highways in 2010-11.
It plans to spend Rs 35,680.86 crore on construction of roads and highways. Of this, Rs 21,256 crore will be contributed by the private sector.
Under the Pradhan Mantri Gram Sadak Yojana, an outlay of Rs 22,000 crore has been provided to the ministry of rural development. The amount will be spent on constructing 19,090 km of new roads and upgrading the existing 15,000 km.