+
Road infrastructure in India to witness mega push in 2022
ROADS & HIGHWAYS

Road infrastructure in India to witness mega push in 2022

In 2022, India’s road sector will witness tremendous growth as there will be more stretches of national highways, granting and completion of numerous projects and fundraises in 2022, making it a better year than the passing one.

The 2022 radar will additionally witness an integrated multi-modal national network of transportation and logistics, connectivity with remote and tough terrains, decongestion of significant points in the road network and steering ahead with the voluntary vehicle scrappage policy, Road Transport Secretary Giridhar Aramane told the media.

In the present fiscal, the Road Transport and highways ministry strives to build 40 km of national highway per day. The goal targeted by the ministry is higher than the record development of 37 km daily during the 2019-20 period.

As per Aramane, the accomplishment by the Ministry can be much more than the current fiscal year. Additionally, the Ministry has a pipeline for awards in 2022 under the Bharatmala Pariyojna and the National Highway general programme. Projects have been recognised by the ministry which needs to be presented next year under the Bharatmala Pariyojna.

Concerning road assets’ monetisation, Aramane noted that all the roads developed by the state agencies are monetised for a short period, ranging from 1 to 3 years, or for a longer tenure spanning 15 to 25 years.

As soon as the ministry finishes road construction, MoRTH will toll it for a year if the market outlook is not good. The Ministry will do it for three years or under the Infrastructure Investment Trust or the Toll Operate Transfer model if the appetite is good.

He additionally said that the Modi government is thinking of securitising Delhi-Dehradun and Delhi-Amritsar-Katra Expressway projects. The ministry is planning securitisation of the Raipur–Visakhapatnam NH project, which is going to be India’s first mineral highway in terms that it holds most of the mineral created in Chhattisgarh, Odisha and Jharkhand to Visakhapatnam port as well as other economic hubs.

Image Source

Also read: Nitin Gadkari inaugurates Rs 4,160 cr road projects in Uttar Pradesh

In 2022, India’s road sector will witness tremendous growth as there will be more stretches of national highways, granting and completion of numerous projects and fundraises in 2022, making it a better year than the passing one. The 2022 radar will additionally witness an integrated multi-modal national network of transportation and logistics, connectivity with remote and tough terrains, decongestion of significant points in the road network and steering ahead with the voluntary vehicle scrappage policy, Road Transport Secretary Giridhar Aramane told the media. In the present fiscal, the Road Transport and highways ministry strives to build 40 km of national highway per day. The goal targeted by the ministry is higher than the record development of 37 km daily during the 2019-20 period. As per Aramane, the accomplishment by the Ministry can be much more than the current fiscal year. Additionally, the Ministry has a pipeline for awards in 2022 under the Bharatmala Pariyojna and the National Highway general programme. Projects have been recognised by the ministry which needs to be presented next year under the Bharatmala Pariyojna. Concerning road assets’ monetisation, Aramane noted that all the roads developed by the state agencies are monetised for a short period, ranging from 1 to 3 years, or for a longer tenure spanning 15 to 25 years. As soon as the ministry finishes road construction, MoRTH will toll it for a year if the market outlook is not good. The Ministry will do it for three years or under the Infrastructure Investment Trust or the Toll Operate Transfer model if the appetite is good. He additionally said that the Modi government is thinking of securitising Delhi-Dehradun and Delhi-Amritsar-Katra Expressway projects. The ministry is planning securitisation of the Raipur–Visakhapatnam NH project, which is going to be India’s first mineral highway in terms that it holds most of the mineral created in Chhattisgarh, Odisha and Jharkhand to Visakhapatnam port as well as other economic hubs. Image Source Also read: Nitin Gadkari inaugurates Rs 4,160 cr road projects in Uttar Pradesh

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?