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    Bharatmala Project

    Uploaded by

    Amit kumar
    It is about bharatmala project introduced by our prime minister to improve the condition of transportation

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Bharatmala Project

    Uploaded by

    Amit kumar
    231 views3 pages
    It is about bharatmala project introduced by our prime minister to improve the condition of transportation

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    Bharatmala project

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    © © All Rights Reserved

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    It is about bharatmala project introduced by our prime minister to improve the condition of transportation

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    231 views3 pages

    Bharatmala Project

    Uploaded by

    Amit kumar
    It is about bharatmala project introduced by our prime minister to improve the condition of transportation

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Bharatmala Project

    Why in news?
    \n\n

    The Union government recently launched Bharatmala project.


    \n\n

    What is Bharatmala?
    \n\n

    \n
    It is an umbrella project under the Ministry of Road Transport and
    Highways.
    \n
    The Public Investment Board has cleared the proposal for Bharatmala
    Pariyojana Phase-I.
    \n
    Under the plan the government intends to develop 83,677 km of highways
    and roads at an investment of around Rs 7 lakh crore over the next five
    years.
    \n
    In the first phase, the plan is to construct 34,800 km of highways at a cost
    of Rs 5.35 lakh crore.
    \n
    It focuses on the new initiatives like development of Border and
    International connectivity roads, Coastal & port connectivity roads,
    improving efficiency of National Corridors, Economic corridors and
    others.
    \n

    \n\n

    What can be positive outcomes of the project?


    \n\n

    \n
    It will subsume unfinished parts of National Highway Development
    Program (NHDP).
    \n
    National Highways Development Project (NHDP) to potentially generate
    10 million jobs and result in a 3 per cent bump-up in the gross domestic
    product.
    \n
    In Bharatmala programme, the focus is on economic corridors (9,000 km)
    is expected to ensure that investments are targeted at economic returns.
    \n
    The ambitious project also plans to create new industrial corridors and
    urban centres, which should enhance economic activity in the country.
    \n
    Against the 300 districts that are linked to national highways at present,
    Bharatmala will connect 550 more to the national grid.
    \n
    The government also expects that 70-80 per cent of freight traffic will
    move on national highways, up from 40 per cent now.
    \n

    \n\n

    What are the challenges?


    \n\n

    \n
    Earlier similar plans execution suffered due to problems of funding and
    delays in approval and execution.
    \n
    But typically, governments in the past have struggled with several
    operational issues such as land acquisition and other approvals.
    \n
    The big concern is funding, the plan depends more on government
    funding, and as much as 15 per cent of the total investment is expected
    from the private sector.
    \n
    Given the patchy record of public-private partnership schemes in India,
    there is no clarity on private sector investments.
    \n
    Big construction companies such as Larsen & Toubro, GMR and GVK have
    been missing from auctions for highway projects.
    \n

    \n\n

    How the challenges can be addressed?


    \n\n

    \n
    To speed up the process of approvals, the government has already
    empowered National Highways Authority of India to approve all
    engineering, procurement and construction projects.
    \n
    To rope private sector in, the government need to draw a definitive road
    map for timely completion, fund mobilisation as well as streamline other
    bottlenecks in the form of land acquisition.
    \n
    To achieve dramatic changes, the government will have to improve its
    execution skills manifold by working closely with state governments.
    \n
    The plan should go a long way towards improving connectivity, not just to
    the coastal and border areas but to backward areas as well.
    \n

    \n\n

    \n\n

    Source: Business Standard


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