MoRTH sets confident target of 13,800 km national highways in FY23-24
As of November 30, 2023, the ministry has already constructed 5,248 km of national highways, surpassing the corresponding period of the previous year, which recorded 4,766 km. Jain highlighted the ministry's focus on awarding more highway construction projects under the build-operate-transfer (BOT) and hybrid annuity model (HAM) over the toll-operate-transfer (TOT) model due to the observed better quality of construction in projects awarded under HAM and BOT.
He emphasised that the National Highways Authority of India (NHAI) and MoRTH are working to expedite the process of awarding projects in the fiscal year 2023-24. The goal is to award 10,000 km of national highway projects during this period, with an emphasis on companies preparing detailed project reports (DPR) for identified projects to accelerate the awarding process.
Jain also disclosed that MoRTH has submitted a proposal to the Ministry of Home Affairs, suggesting an online reporting mechanism for truck drivers to report accidents and avoid penalties under the new stringent laws on hit-and-run cases. The proposal is currently under consideration by the home ministry.
Despite the ambitious targets, MoRTH and NHAI have faced challenges in meeting national highway construction goals in the past, including in six of the last ten years. However, Jain highlighted the significant increase in the pace of national highway expansion under the current government compared to previous administrations.
As of November 30, 2023, the total Gross Budget Support (GBS) outlay for the Ministry in the current fiscal year stood at Rs 2.58 trillion. The ministry has already spent 66% (Rs 1.69 trillion) of the total amount, indicating a steady expenditure trend throughout the fiscal year, with incremental increases reported in October and September.