India News | PM Modi Lauds Nod to Road Projects as Transformative Boost to Infra
Get latest articles and stories on India at LatestLY. Prime Minister Narendra Modi on Friday described his government's approval of eight high-speed road corridor projects as a "transformative boost" to India's infrastructure landscape.
New Delhi, Aug 2 (PTI) Prime Minister Narendra Modi on Friday described his government's approval of eight high-speed road corridor projects as a "transformative boost" to India's infrastructure landscape.
The Union Cabinet on Friday approved eight important national High-Speed Road Corridor Projects of length 936 km entailing a total cost of Rs 50,655 crore to improve logistics efficiency and enhance connectivity across the country, according to a statement said.
Referring to the Cabinet decision, he said on X, "TRANSFORMATIVE boost to India's infrastructure landscape! The Cabinet's approval of 8 National High-Speed Road Corridor Projects at an expenditure of over Rs. 50,000 crore will have a MULTIPLIER EFFECT on our economic GROWTH and boost EMPLOYMENT opportunities."
"It also underlines our commitment to a futuristic and connected India," he added.
The implementation of these eight high-speed road corridor projects will generate an estimated 4.42 crore mandays of direct and indirect employment, the statement said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)