Govt clears 9 road projects worth Rs 11,597 crore

The government today said it has cleared nine road projects costing about Rs 11,597 crore from four states including Maharashtra and Bihar.

hidden December 20, 2014 13:04:26 IST
Govt clears 9 road projects worth Rs 11,597 crore

The government said it has cleared nine road projects costing about Rs 11,597 crore from four states including Maharashtra and Bihar.

The road projects totalling 1,226.11 km were cleared by the Empowered Committee (EC) under the Scheme for Financial Support to Public Private Partnership (PPPs) in Infrastructure (viability gap funding scheme).

Govt clears 9 road projects worth Rs 11597 crore

Reuters

"These projects are at an advanced stage of bidding/construction and are expected to result in disbursal of (about) Rs 500 crore from the Government of India during the current financial year 2012-13," the Finance Ministry said in a statement.

The viability gap funding (VGF) under the scheme would be to the tune of Rs 2,295.06 crore. The other two states which will benefit from the approval are Andhra Pradesh and Uttar Pradesh

PTI

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Kejriwal govt to 'de-link' Delhi hotels used as medical facilities to improve COVID-19 situation
India

Kejriwal govt to 'de-link' Delhi hotels used as medical facilities to improve COVID-19 situation

The chief minister said all beds in such hotels, which were attached to hospitals in the last few months, have been lying vacant for many days

Stadia, xCloud, other cloud gaming services violate App Store guidelines, says Apple
News & Analysis

Stadia, xCloud, other cloud gaming services violate App Store guidelines, says Apple

Microsoft claims that Apple uses more stringent rules for non-gaming apps.

Amazon's Project Kuiper gets FCC approval; half of its 3,236 internet satellites to go up by 2026
News & Analysis

Amazon's Project Kuiper gets FCC approval; half of its 3,236 internet satellites to go up by 2026

Project Kuiper is supposed to have gotten its names from the region of the Solar System called Kuiper belt.