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National Highways of India are Transforming at a Breakneck Pace

With the promise of a better India and sustainable methods of highway modernisation, National Highways of India are Transforming at a Breakneck Pace under the Bharatmala Pariyojana.

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National Highways of India are Transforming at a Breakneck Pace

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  1. National Highways of India are Transforming at a Breakneck Pace A booming economy is ahead for India, the infrastructure growth is happening in an unparalleled manner. Ranging from Roadways to Railways and Steel to Software, every sector is witnessing this mega moment of the influx of investments. Even investors are feeling that it is the right time to test the waters. Among all the sectors, the highway sector is catching the eyes of the public for its unprecedented moves. The National Highways Authority of India (NHAI) is one of the responsible factors that made this happen. The National Highways Authority of India, which is an autonomous body under the Ministry of Road Transport and Highways (MoRTH), is a statutory body, which was established by the parliament of India, to develop and maintain a major chunk of national highways. It has embarked on a mission to drive the development of national highways at a pace that had never happened before. Accordingly, it got immersed in projects like Bharatmala Pariyojana, which could complement the projects like National Highways Development Program (NHDP). Under the Bharatmala Pariyojana, the Government of India (GoI) is planning to spend around $ 106 billion to reshape 83,677 Km of Roadways across India. By doing so, there would be development and economic growth down the road. Also, Sagarmala project, which is aimed at tapping the benefits of port-led economic development, will enable the Bharatamala Pariyojana to meet its objectives. This year, to everyone’s surprise, the NHAI has already awarded highway development contracts, for which the value is more than 50% of last year works. By March 2018, the awards’ value might cross 1Lakh Crore, which would be a historic feat for NHAI if everything goes according to the plan. Experts believe that the same trend will be continued in the coming financial years as many socio-economical barriers of development are withering out gradually. The Government of India is also hoping the same to repeat in many sectors as the infrastructure is the key factor for any country to propel and prosper. For more details visit: http://www.nhai.gov.in/ #RoadtransportIndia #Indianroad #Highwaytraffic

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