Indian Economy News

Prime Minister, Mr. Narendra Modi, Inaugurates and Lays Foundation Stone of 112 National Highway Projects for Different States worth about US$ 12.1 billion (Rs. 1 Lakh Crore).

Prime Minister, Mr. Narendra Modi recently inaugurated and laid the foundation stone for 112 National Highway projects valued at approximately US$ 12.1 billion (Rs. 1 Lakh Crore) in Gurugram, Haryana. He highlighted the transformative impact of modern connectivity in his address, citing the dedication of the Haryana section of the Dwarka Expressway as a pivotal moment that will significantly enhance travel experiences between Delhi and Haryana. He underscored the government's commitment to accelerate infrastructure development, with over US$ 120.9 billion (Rs. 10 lakh crore) worth of projects either inaugurated or initiated within the first three months

of 2024, including key developments in states like Karnataka, Kerala, Andhra Pradesh, Uttar Pradesh, Haryana, Bengal, Bihar, Maharashtra, Punjab, and Rajasthan.

The Prime Minister commended the Haryana government's dedication towards timely project completion and reiterated the government's vision for comprehensive progress in the Delhi-NCR region. This vision encompasses major projects such as the Dwarka Expressway, Peripheral Expressways, and the Delhi-Meerut Expressway, focusing on easing traffic congestion, reducing pollution, and creating employment opportunities. The holistic approach aligns with the government's commitment to fostering economic growth and transforming India into a global economic powerhouse.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.