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


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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