Road Transport & Highways Ministry announces highway projects of nearly 28500Km valuing $ 93 billion.

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Now government seems to have made up its mind to expedite the process of pumping money into economy. Road transport and highways ministry has come up with a plan to develop National Highways (NH) in to world class Roads by widening and providing other amenities on highways.

The major highlights of the plan are as follows:-

  1. 20000Km-   NHDP Projects.
  2. 6000Km-     Bharat Mala Project connecting 123 Distt. Head Quarters.
  3. 2500Km-     (a) Char Dham Connectivity                                                                                                                                             HIGHWAY           (b) Road in North East and border areas.

 

These projects will be financially attractive for investors. To ensure it, Government will help in capital funding and moreover 100% tax exemption to investor for first 5 years and 30% relief will be given for next 5 years (to be availed in 20 years).

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