Maharashtra Clears Rs 24,702 Cr Expressway

14 Oct 2024 CW Team

This 179 km-long expressway will significantly ease traffic congestion, promote faster transportation, and support local industries by improving the movement of raw materials and finished goods. The expressway is also expected to spur the growth of ancillary industries, boost real estate, and attract investments into the underdeveloped regions it passes through. The project forms part of the Maharashtra government’s larger push towards upgrading its infrastructure to match the growing demands of its economy.

However, the approval of this project comes at a time when the state’s fiscal deficit is mounting, prompting concerns about the financial sustainability of such large-scale infrastructure initiatives. While the project’s long-term benefits for the state’s economy are acknowledged, managing fiscal resources will be critical to ensure that it does not overburden the state’s finances.

The expressway is a crucial part of Maharashtra’s efforts to build a comprehensive, modern road network, enhancing both regional and national connectivity. With the project receiving cabinet approval, construction is expected to begin soon, providing a much-needed infrastructural boost to Maharashtra's rural and urban areas. The state government hopes the expressway will pave the way for future growth, despite the immediate challenges posed by financial constraints.

The Maharashtra cabinet has approved the construction of the Jalna-Nanded expressway, a massive infrastructure project worth Rs 24,702 crore, despite the state grappling with a rising fiscal deficit. This expressway, part of the larger Maharashtra State Road Development Corporation (MSRDC) initiative, is expected to boost regional connectivity and stimulate economic development across the state, particularly in the Marathwada region. By linking Jalna and Nanded, the expressway will provide a critical transportation corridor, reducing travel time, improving the flow of goods, and enhancing access to key markets. This 179 km-long expressway will significantly ease traffic congestion, promote faster transportation, and support local industries by improving the movement of raw materials and finished goods. The expressway is also expected to spur the growth of ancillary industries, boost real estate, and attract investments into the underdeveloped regions it passes through. The project forms part of the Maharashtra government’s larger push towards upgrading its infrastructure to match the growing demands of its economy. However, the approval of this project comes at a time when the state’s fiscal deficit is mounting, prompting concerns about the financial sustainability of such large-scale infrastructure initiatives. While the project’s long-term benefits for the state’s economy are acknowledged, managing fiscal resources will be critical to ensure that it does not overburden the state’s finances. The expressway is a crucial part of Maharashtra’s efforts to build a comprehensive, modern road network, enhancing both regional and national connectivity. With the project receiving cabinet approval, construction is expected to begin soon, providing a much-needed infrastructural boost to Maharashtra's rural and urban areas. The state government hopes the expressway will pave the way for future growth, despite the immediate challenges posed by financial constraints.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..