Personal sector invests Rs 15,164.25 crore in street development until November this fiscal

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Private sector funding in road construction until November this monetary 12 months stood at Rs 15,164.25 crore, Parliament was knowledgeable on Thursday. In a written reply to the Lok Sabha, Street Transport and Highways Minister Nitin Gadkari mentioned personal sector funding in street development in 2020-21 and 2019-20 was Rs 12,475.53 crore and Rs 21,925.98 crore, respectively.

Gadkari mentioned the evaluation of Mannequin Concession Settlement (MCA) paperwork of assorted modes of street development below PPP (public-private partnership) is a steady train, and modifications are made to deal with the considerations of the stakeholders, as and when required.

The minister additionally knowledgeable {that a} complete size of 6,722.31 km has been accomplished out of seven,245.07 km of Nationwide Freeway tasks below build-operate-transfer (BOT-annuity) and build-operate-transfer (BOT-Toll) mode.



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