National highway projects continue to move in first gear, data shows | Economics and Policy News – Business Standard

With two months to go this fiscal, the Ministry of Road Transport and Highways (MoRTH) in January awarded contracts for only 370 km of National Highways (NH), straying further from its revised target of 10,000 km of National Highways (NH) by 2023-24 to award contracts. , according to the official data. Through implementing agencies such as the National Highways Authority of India (NHAI), the Center has awarded projects of 3,481 km in FY24. That is almost 60 percent lower than last year.

The ministry had set a target of allocating 16,000 km in FY24, but the delays in the revised cost estimates of the Bharatmala Pariyojana

First print: February 16, 2024 | 12:20 pm IST