Govt to implement Rs 7,500 cr scheme to reduce road accidents
ROADS & HIGHWAYS

Govt to implement Rs 7,500 cr scheme to reduce road accidents

The Indian government is planning to partner with the World Bank to implement a Rs 7,500 crore scheme to reduce accident-prone areas and black spots on the national and state highways.

Minister of Road Transport and Highways Nitin Gadkari, told the media that the National Highways Authority of India (NHAI) has identified 3,750 black spots on national highways and more such accident-prone areas are being added to the list.

He said India does not have a good record on the road accident front and registers the world’s highest deaths due to accidents at 1.5 lakh every year.

He told the media that the government had urged the World Bank to implement this programme across the country. The scheme will soon receive Cabinet approval, which will help improve accident-prone and black spots on NHs and state roads.

Gadkari said 65% of people who die every year in road accidents were between the age group of 18-45 years. He said the scheme had been implemented in Tamil Nadu with the help of the World Bank, and there is already a 50% reduction in road accidents and deaths.

Image Source

Also read: Govt approves Rs 2,500 cr for road construction in Madhya Pradesh

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Indian government is planning to partner with the World Bank to implement a Rs 7,500 crore scheme to reduce accident-prone areas and black spots on the national and state highways. Minister of Road Transport and Highways Nitin Gadkari, told the media that the National Highways Authority of India (NHAI) has identified 3,750 black spots on national highways and more such accident-prone areas are being added to the list. He said India does not have a good record on the road accident front and registers the world’s highest deaths due to accidents at 1.5 lakh every year. He told the media that the government had urged the World Bank to implement this programme across the country. The scheme will soon receive Cabinet approval, which will help improve accident-prone and black spots on NHs and state roads. Gadkari said 65% of people who die every year in road accidents were between the age group of 18-45 years. He said the scheme had been implemented in Tamil Nadu with the help of the World Bank, and there is already a 50% reduction in road accidents and deaths. Image Source Also read: Govt approves Rs 2,500 cr for road construction in Madhya Pradesh

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement