Union road transport and highways minister Nitin Gadkari on Tuesday said total length of the national highways in the country increased by about 59% in the last nine years. As a result of this expansion, India now has the second largest road network, after the US.Addressing a press conference in New Delhi, Gadkari said: Total length of National Highways was 91,287 km in 2013-14, which increased to 1,45,240 km in 2022-23, which is a rise of more than 59% during this period.
1 Sep 2023In this video, we delve into India's remarkable growth in National Highways and its impact on the country's economy. Over the past 9 years, around 50,000 kilometers of new highways have been constructed, fostering connectivity and stimulating economic development. The Gati Shakti Mission aims to streamline freight movement and reduce logistical costs, driving India's integration into global value chains. We explore the significance of efficient transportation networks for India's competitiveness and highlight the importance of ongoing maintenance and quality improvement. This infrastructure upgrade aims to boost connectivity, stimulate economic growth, and enhance India's global competitiveness.
25 Aug 2023Learn about the remarkable growth of India's national highways and road network under the leadership of Union Minister Nitin Gadkari. With a 59% increase in total highway length and a significant reduction in waiting time at toll plazas, India now has the second-largest road network globally. Gadkari highlights the success of initiatives like FASTag and emphasizes the expansion of highways in the North East region. The video also explores the government's focus on sustainable practices, including the utilization of garbage in road construction and the promotion of electric vehicles.
11 Jul 2023In an effort to alleviate the strain on existing urban centers, an ambitious proposal is being considered to establish not just one or two, but a remarkable eight brand-new cities. This exciting revelation was disclosed by a high-ranking official during a recent interview, shedding light on the government's forward-thinking approach.
10 Jul 2023The Indian economy is experiencing a challenging phase due to the impact of the Covid-19 pandemic, trade disruptions, and lower export growth. The Narendra Modi government has set its sights on reviving the country's economic growth trajectory by investing in infrastructure. In this video, we'll explore the government's strategy and examine whether it will be enough to get India's annual growth rate back nearer to 7.5%.
19 Jun 2023As national elections draw near, public spending has taken an upturn in India. The government is relying on an infrastructure build-up to multiply people’s incomes and support economic growth. Paced-up highway construction has been placed in the spotlight by the Centre’s aim to construct a record 45km of highways daily in 2023-24 on an average. This would add up to 16,000km during the year, exceeding the last high of 13,298km achieved in 2020-21 at a rate of 36.4km per day. Highway construction had slowed after that, with our daily rate dropping to 29km and 24km in 2021-22 and 2022-23, respectively. Let us explore whether India's infrastructure boom can propel economic growth.
11 May 2023Both the BSE capital goods index and the BSE India infrastructure index have underperformed the broad market as weak investment capex cycle hints at lower order inflows in the coming quarters
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