\n| Sr. No.<\/b><\/td>\n | Scheme<\/b><\/td>\n | Length (km)<\/b><\/td>\n | Cost (\u20b9crore)\u00a0<\/b><\/td>\n<\/tr>\n\n| 1.<\/td>\n | Economic Corridors<\/td>\n | 9,000<\/td>\n | 1,20,000<\/td>\n<\/tr>\n | \n| 2.<\/td>\n | Inter-Corridors & Feeder Roads<\/td>\n | 6,000<\/td>\n | 80,000<\/td>\n<\/tr>\n | \n| 3.<\/td>\n | National Corridor Efficiency Improvement<\/td>\n | 5,000<\/td>\n | 1,00,000<\/td>\n<\/tr>\n | \n| 4.<\/td>\n | Border & International Connectivity Roads<\/td>\n | 2,000<\/td>\n | 25,000<\/td>\n<\/tr>\n | \n| 5.<\/td>\n | Coastal & Port Connectivity Roads<\/td>\n | 2,000<\/td>\n | 20,000<\/td>\n<\/tr>\n | \n| 6.<\/td>\n | Expressways<\/td>\n | 800<\/td>\n | 40,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/span>Comprehensive Development Strategy<\/b><\/span><\/h3>\nTo eliminate overlap and ensure comprehensive development, all remaining works under various phases of the National Highways Development Project (NHDP) will be integrated into the Bharatmala Pariyojana. Additionally, projects under schemes such as NH(O), SARDP-NE, EAP, and LWE will continue under their respective programs.<\/p>\n <\/span>Features of the Bharatmala Project<\/span><\/h2>\nBharatmala Pariyojana is a flagship initiative aimed at enhancing road infrastructure and facilitating trade through improved road transportation. Key features of this scheme include:<\/p>\n \n- Development Focus<\/b>: The primary objective is to elevate the quality of roads across the country, spurring development in every region.<\/li>\n
- Extensive Road Construction<\/b>: A significant aspect of the scheme is the construction of new roads to enhance connectivity.<\/li>\n
- Five-Year Completion Goal<\/b>: The government intends to complete all road projects under this scheme within a five-year timeframe.<\/li>\n
- Diverse Funding Sources<\/b>: Recognizing that government funding alone may not suffice, the Ministry seeks additional financial sources to ensure the project’s completion.<\/li>\n
- Categorised Project Execution<\/b>: The project is divided into various categories to streamline construction, allowing for more efficient and organised execution.<\/li>\n<\/ul>\n
<\/span>Challenges of the Bharatmala Project<\/span><\/h2>\nAnnounced in 2017 with an initial target completion date of 2022, the Bharatmala project faces significant delays. Increased land costs and budget overruns are major factors contributing to its slow progress.<\/p>\n To address these financial challenges, the Central Government is seeking additional investments, including market funds and private investments. If the estimated budget shortfall persists, the Government plans to auction completed highway projects or explore foreign debt and bond markets to secure necessary funding.<\/p>\n Bharatmala Funding Routes<\/p>\n <\/span>Bharatmala Routes<\/span><\/h2>\nThe government will fund the Bharatmala project through four primary routes:<\/p>\n \n- Market borrowings<\/li>\n
- Central Road Fund<\/li>\n
- Monetizing government-owned road assets<\/li>\n
- Budgetary allocation<\/li>\n<\/ul>\n
Of the total funds required, Rs. 2 lakh crore will be raised through market borrowings, while Rs. 1 lakh crore will come from the Central Road Fund and toll collections by the NHAI.<\/p>\n The project aims to significantly boost economic growth by expanding road corridors from 6 to 50. Through the Bharatmala Project, the Central Government seeks to enhance trade, improve the condition of National Highways, and strengthen the overall road network across the country.<\/p>\n <\/span>FAQs on Bharatmala Project<\/span><\/h2>\n | |