Working towards development of 2 lakh km National Highway Network by 2025: Nitin Gadkari
Speaking on role of infrastructure development for realizing India’s 5 trillion dollar economy goal, Gadkari said fast track highways helps in cutting down travel time and fuel cost, also helps in economic development of region.
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New Delhi, January 31: Union Road Transport and Highways Minister Nitin Gadkari said that the central government is working to develop a national highways network of 2 lakh kilometres by 2025. Gadkari said, “Government is working towards the development of a national highway network of 2 lakh kilometres by 2025. We are developing 22 greenfield access control expressways to reduce travel time."
The multi-modal connectivity will provide integrated and seamless connectivity for the movement of people, goods, and services from one mode of transport to another. It will facilitate the last mile connectivity of infrastructure and reduce travel time for people.
While speaking on role of infrastructure development for realizing India’s 5 trillion dollar economy goal “Apart from cutting down travel time and fuel cost, fast track highways also helps in the economic development of the region.
Our priority is to bring down the cost of logistics to 10% from the current 14-16% of GDP. It is 8-10% in China and 12% in European countries. If we bring this down to 10-12% in India, we can compete well in the international market,” he added, as he explained the Union government’s vision for promotion of integrated infrastructure under PM Modi’s Gati-Shakti National plan.
The multi-modal connectivity will provide integrated and seamless connectivity for the movement of people, goods, and services from one mode of transport to another. It will facilitate the last mile connectivity of infrastructure and reduce travel time for people.
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Nitin Gadkari made the statements at an event via video conferencing at Vridhi organised by IIM Vishskhaptnam.