According to information mentioned on the social media account of PIB, the Bharatmala project also includes a North-East Economic corridor to improve the connectivity in the North East India.
Government's proposed Bharatmala Highway Project will be completed in next 5 years with an estimated cost of ₹7 lakh crores.
There will be 9,000 km of economic corridors, inter-corridor and feeder routes (6,000 km), national corridors efficiency improvement (5,000 km), border roads and worldwide connectivity (2,000 km), coastal roads and port connectivity (2,000 km) and greenfield expressways (800 km) in the first phase.
Bharatmala is the second-largest highways project after National Highway Development Programme (NHDP) that saw the development of about 50,000 km, and aims at improving the connectivity in border and other areas.
The government on Tuesday approved a package of Rs 6.9 lakh crore to build approximately 83,000 km of highways by 2022.
"Bharatmala Pariyojana will change the destiny of country, is the biggest-ever infra scheme in its history", Gadkari said.
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Around 600 projects have been identified for Bharatmala and preparation of detailed project reports for 19,500 km is underway at present.
To expedite the Bharatmala projects, apart from ministry of road transport and highways and state-run firms-NHAI and National Highways and Infrastructure Development Corporation Ltd (NHIDCL)-even respective state public works departments (PWDs) will be roped in for timely execution, the government said. This will be financed by providing Rs. 0.97 lakhs crores from CRF and Rs. 0.59 lakhs crores as Gross Budgetary support.
Central and state governments would spend another Rs 88,185 crore in the next three years towards constructing rural roads under Pradhan Mantri Gram Sadak Yojana.
"Bharatmala is the new umbrella programme for the highways sector that focuses on optimising efficiency of road traffic movement across the country by bridging critical infrastructure gaps".
The ring road project has also included the proposal to construct a third ring road in the national Capital that, starting from National Highway (NH)-1 near Narela and passing through NH-10 near Rohini and Dwarka, will end at NH-2. "Better road network and rolling out of smart-tag based tolling will transform the road transport sector", said an official. As per current estimates, poor road conditions, narrow width and congestions ensure that a truck covers an average of 250-300 km daily in comparison to 700-800 km in developed countries. "We have empowered the National Highways Authority of India (NHAI) to appraise, approve and bid out projects worth upto Rs 2,000 crore", he said.