A total of 322 projects in a length of 12,413 Km have been awarded under BharatmalaPariyojana till August 2020. Further, 2921 Km has been constructed under the Project till the same date.
- The Ministry of Road Transport and Highways has taken up detailed review of NHs network.
- It has given overall investment approval for the Bharatmala Pariyojana Phase I Scheme for development of about 34,800 km at an estimated outlay of Rs 5,35,000 Crore.
- Of the 34,500 km of highways approved under Bharatmala Pariyojana, 10,000 km pertain to residual highway stretches under the National Highways Development Project (NHDP).
- It is a centrally-sponsored and funded the Road and Highways project.
- It is an umbrella program for the highways sector under the Ministry of Road Transport and Highways that focuses on optimizing the efficiency of freight and passenger movement across the country by bridging critical infrastructure.
- The total investment for 83,677 km committed new highways is estimated at ?5.35 lakh crore making it the single largest outlay for a government road construction scheme.
- It focuses on optimizing the efficiency of freight and passenger movement across the country by bridging critical infrastructure gaps through effective interventions like development of economic corridors, inter-corridors and feeder routes, national corridor efficiency improvement, border and international connectivity roads, coastal and port connectivity roads and Green-field expressways.
- The ambitious umbrella programme has subsumed all existing Highway Projects including the flagship National Highways Development Project (NHDP), launched in 1998.
Phases of Project:
- Under Phase-I of Bharatmala Pariyojana, implementation of 34,800 km of national highways in 5 years (from 2017 to 2022) has been approved at an estimated outlay of Rs. 5,35,000 crore.
- National Highways Authority of India (NHAI) has mandated the development of about 27,500 km of national highways under Phase-I.
- However, as per ICRA Limited, Phase-I is likely to be delayed by four years due to the prevailing uncertainty due to Covid-19 and consequent impact on valuations.
- ICRA Limited is an Indian independent and professional investment information and credit rating agency.
- Phase-II envisages around 48,000 km of road network across India by 2024.
- Bharatmala Projects envisages building 3300 kms of Border Roads of strategic importance along international boundaries and 2000 km of International Connectivity roads to promote trade with Nepal, Bhutan, Bangladesh and Myanmar.