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2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What amount approved for nine highway projects by the central government
A
Rs 6, 456.89 crore.
B
Rs 2, 600.31 crore.
C
Rs 1, 456.78 crore.
D
Rs 9, 890.23 crore.
Explanation: 

Detailed explanation-1: -Out of the total Rs 2.7 lakh crore, the National Highways Authority of India (NHAI) has been allocated around Rs 1.62 lakh crore as part of MoRTH’s capital expenditure plan for 2023-24, a 21 percent increase compared to 2022-2023, when it was allocated Rs 1.34 lakh crore.

Detailed explanation-2: -In general, the cost of road construction in India is around INR 1.5 crore to INR 2.5 crore per kilometer, although this can range from INR 1 crore to INR 5 crore or more per kilometer depending on the specific project.

Detailed explanation-3: -The largest highway project in India, the Golden Quadrilateral project was launched in 2001 as part of National Highways Development Project (NHDP).

Detailed explanation-4: -* Under the Union Budget 2022-23, the Government of India has allocated Rs. 199, 107.71 crore (US$ 26.04 billion) to the Ministry of Road Transport and Highways.

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