overnment approved Phase-I of Bharatmala Pariyojana along Indo-Nepal Border areas with financial outlay of .....

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

overnment approved Phase-I of Bharatmala Pariyojana along Indo-Nepal Border areas with financial outlay of ____

A	Rs 4, 15, 000 crores
B	Rs 5, 35, 000 crores
C	Rs 6, 25, 000 crores
D	Rs 2, 18, 000 crores

Explanation:

Detailed explanation-1: -Under Phase-I of the Bharatmala Pariyojana, a 571 infrastructure projects with an aggregate length of 19,785 km have been approved till date. These projects are to be developed at an estimated cost of Rs 593,820 crore. Bharatmala roads under Phase 1: Economic corridors (9,000 kms)

Detailed explanation-2: -Current Status of Bharatmala Project Phase 1 The project is delayed by four years due to cost overruns, land acquisition and covid. As per the ICRA rating agency, work on phase 1 will be completed by financial year 2026, that too if contracts are awarded by 2023.

Detailed explanation-3: -The Bharatmala Pariyojana envisages development of about 26,000 km length of Economic Corridors, which along with Golden Quadrilateral (GQ) and North-South and East-West (NS-EW) Corridors are expected to carry majority of the Freight Traffic on roads.

Detailed explanation-4: -Under Phase-I of Bharatmala Pariyojana, the implementation of 34,800 km of national highways in 5 years (from 2017 to 2022) has been approved at an estimated outlay of Rs. 5,35,000 crore.

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