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Infrastructure Today Magazine | Guj to get Rs.2 lakh cr for infra | Gadkari

Guj to get Rs.2 lakh cr for infra | Gadkari

Andhra Pradesh sets up urban infrastructure asset management firm
Firms keen on InvIT want clarity

Finance Update  /  Jun 2016

Centre will allocate Rs.2 lakh crore to Gujarat for the development of roads and ports during the next three years, Union Minister Nitin Gadkari has said. He made the announcement at the foundation stone laying ceremony for the construction of the 256-km long four-lane national highway connecting pilgrimage town of Somnath with Bhavnagar, at Somnath town in Gir-Somnath district.
Notably, Gujarat, the home state of Prime Minister Narendra Modi, is going to polls next year. The project has been undertaken by the National Highways Authority of India (NHAI) and is expected to be completed in two years at the cost of `4,876 crore. Allocation of `2,00,000 crore will be made for the development of roads and ports for the next three years in Gujarat, an official release quoted the Minister for Road Transport, Highways and Shipping as saying.

Tags Cloud
  • Roads
  • Ports
  • Nitin Gadkari
  • Narendra Modi
  • NHAI
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