200 projects for Rs 1.25 lakh crore in five years identified under Parvatmala Pariyojana: Gadkari

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Union Minister for Road Transport and Highways Nitin Gadkari said more than 200 projects at a cost of Rs 1.25 lakh crore have been identified in the coming five years under  National Ropeways Development Programme, “Parvatmala Pariyojana”.  Parvatmala Pariyojana or the national ropeways development programme is part of larger efforts for developing infrastructure.

 “The Parvatmala project, which we have started under the guidance of the prime minister, is very important for the country. We have identified...Projects worth Rs 1.25 lakh crore (under the Pariyojana) and the number of such projects can increase to 400 or more,” Union minister Nitin Gadkari said on the sidelines of an event.

Addressing  ‘Ropeway : Symposium-Cum-Exhibition’ in the national capial, Gadkari said   60% Construction Support is provided under Hybrid Annuity Mode (HAM for Ropeways) as compared to 40% support provided under National Highways to attract more private players for development of ropeways under Parvatmala Pariyojana .

Gadkari said India is on its path to become a $5 Trillion economy and achieve the dream of Prime Minister Narendra Modi Ji. He said today, our economy stands at 5th position, and we aim to reach 3rd position . The Union Minister said focus is on time-bound, Cost-Efficient, Qualitative and Sustainable infrastructure development. He said creation of ‘World-Class’ infrastructure ensures ‘Ease of Living’ of citizens and Socio-economic development in the region. The objective of the ‘Symposium-cum-Exhibition’ was to enable industry collaborations between various Indian and global manufacturers, technology providers, concessionaires and infrastructure developers.

 Last year, the government said it was planning to develop more than 250 projects with a ropeway length of over 1,200 kilometres in five years under the programme.

 The government is promoting the manufacturing of ropeway components under the ‘Make in India’ initiative.

 Asserting that India is one of the fastest growing economies in the world, Gadkari said there was a need to develop a very good infrastructure in the country.  “Today ours is the fifth position....And we will be third in the next five years...That is the reason we are developing world-class infrastructure in the country,” the Road Transport and Highways minister said.

Expressing concerns over traffic congestion on the Dhaula Kuan-Manesar stretch in the national capital region, Gadkari said that if a sky bus is made to run on a single pillar or if a double-decker bus service is started on this stretch, then not only the traffic will be reduced but people will also reach on time.

Daily Pioneer
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