Highways Ministry to award projects worth Rs 50,000 crore in next 3 months

Union Minister of road transport and highways Nitin Gadkari has said his ministry is likely to award road projects with an aggregate length of around 4,500 km worth Rs 50,000 crore in next three months.

In a written response in the Parliament, he said, “Award of road projects covering a length of 4,471 km with an approximate cost of Rs 50,000 crore has been targeted during the next three months.”

Earlier in September, the Minister had said that he had asked his department to identify road projects to spur economic activity in the country.

Gadkari said the highways ministry was planning to award road construction projects worth over Rs 500,000 crores over the next three months to boost demand in the construction and automobile sector.

Image Credit : maeeshat.in

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