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  Business   Economy  04 Feb 2017  Awarded contracts worth Rs 4.5 lakh crore: Gadkari

Awarded contracts worth Rs 4.5 lakh crore: Gadkari

Published : Feb 4, 2017, 11:07 am IST
Updated : Feb 4, 2017, 11:07 am IST

Road Minister says for first time Budget has made a provision for multi-modal transport hubs.

Nitin Gadkari is Union Road Transport and Highways Minister. (Photo: PTI)
 Nitin Gadkari is Union Road Transport and Highways Minister. (Photo: PTI)

 New Delhi: After award of a record Rs 4.5 lakh crore contracts in the highways sector, a multi-modal transport planning comprising airports, railways, bus stations and waterways will be implemented in a big way, Union Minister Nitin Gadkari today said.

"We broke all records in highways...We have awarded contracts worth Rs 4.5 lakh crore so far. We will be awarding contracts for 15,000 km of highways by March taking the highways building pace to 30 km from 20 km a day in December," Road Transport, Highways and Shipping Minister said addressing media here.

He said 15 per cent rise in budget allocation for highways was a welcome step and for the first time Budget has made a provision for multi-modal transport hubs which will comprise air, rail, surface and water transports.

The country needs to adopt a holistic and integrated multi-modal transport planning for the sector including roads, railways, waterways and airways to reduce traffic congestion, bring down pollution and make the overall movement of passengers and goods more efficient and cost effective.

The Minister pointed out that in most cities, bus stations, airports and railway stations are situated at quite a far distance from each othe and if these are properly integrated, a lot traffic congestion and pollution can be reduced.

The government is committed to set up multi-modal hubs where all modes of transport -- air, road, rail and waterways wherever possible -- are within close proximity to each other.

Besides this, latest technology for electricity based Mass Rapid Transport like the metrino and hyperloop will be set up.

Talking about the Shipping sector Gadkari said that Sagarmala is all set to be a game changer with its stress on port led development. The programme will create 1 crore jobs, including 40 lakh direct and 60 lakh indirect ones, he said, adding ports are being mechanised and modernised.

He said waterways are also being developed in a big way and 111 rivers would be developed as National Waterways besides promoting coastal shipping along the country's 7,500 km of coastline.

Ro-Ro services are being launched to cut down travel time and distance and cruise services are being brought in to carry both goods and passengers. The agenda of the Ministry is to harness the full potential of the maritime sector through its Sagarmala programme, he said.

Tags: multi-modal transport, highways, nhai, transport, nitin gadkari, roadways
Location: India, Delhi, New Delhi