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The ministry constructed 12,349 km of nationwide highways in 2023-24, the second highest up to now, in comparison with 10,331 km in 2022-23 whereas the initiatives awarded in 2023-24 stood at 8,581 km. The very best development up to now has been 13,327 km completed throughout 2020-21.
In line with the official, the ministry achieved the capex of 99.93% of the Rs 2,64,526 crore allotted within the final monetary 12 months, the very best in any 12 months, in comparison with 99.18% in 2022-23.
Even the asset monetisation receipts of the ministry have been highest within the simply concluded monetary 12 months at Rs 38,334 crore vis-a-vis Rs 23,336 crore in 2022-23.
Nonetheless, ministry knowledge reveals that the initiatives awarded and constructed fell wanting their preliminary targets. Whereas the award goal set by the ministry was 13,290 km, the development goal was 13,814 km.
As per the ministry, the nationwide highways size in India elevated 1.6 occasions to 1,46,145 km in 2024 in comparison with 91,287 km in 2014 with the size of four-lane and above highways going up by 2.5 occasions whereas highways of two-land and under have been lowered by 50%. Additional, the tempo of undertaking award went up by 2.8 occasions from the common of 4,000 km from 2004-14 to 11,000 km from 2014-24 whereas the tempo of development was up by 2.3 occasions to 9,600 km throughout 2014-24 as in comparison with 4,200 km throughout 2004-14.
