Bharatmala Pariyojna - National Highway Linkage

Bharatmala Pariyojna - National Highway Linkage

Bharatmala Pariyojna - National Highway Linkage

Background Context

  • NHAI to raise INR 10,000 crores through Bharatmala Bonds.
  • After the Budget approval (2018-2019) by the Indian Govt. NHAI need to raise and collect INR 62,000 crores by various means including Bharatmala Bonds.

What is Bharatmala Pariyojna?

  • Construction of largest highway project in connection with NHDP
  • NHDP had dedicated development of **50k kms roads and highways throughout India.
  • Bharatmala on the other hand, plans to improve the connectivity (linkage to 550 districts) for economic corridors, for ease of transportation, increase exports and bridging infrastructure gaps.
  • Under Bharatmala Pariyojana, highways constructions and work worth Rs 8 lakh crore (let’s make it more interesting and put it in number, ₹ 8000000000000), will begin late 2018.
  • Connectivity to remote locations of Tribal area, tourist regions, trade routes and border locations.
  • Bharatmala enables 50 national corridors, currently we have only 6 corridors.
  • Efficiency in trade and grow 70-80 freight movement as opposed to currently at 40 percent.
  • Linkage to 550 different districts through Highway linkage.
  • The Bharatmala, Total of 24,800 kms of highways and roads are considered for Phase 1.
  • This also includes the remaining works of 10,000 kms which were supposed to be completed under NHDP.
  • Merits of Bharatmala will have direct impact on Logistic Performance Index (LPI).
  • Phase 1 of Bharatmala Pariyojna to be continued for over five years (from 2017-2018 to 2021-2022).

Important Links (External)

  1. Roads Proposed to be constructed under Bharatmala Pariyojana.
  2. Bharatmala will provide NH linkage to 550 districts.

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