CCEA approves six-laning of NH-2 in Bihar and Jharkhand
The Cabinet Committee on Economic Affairs (CCEA) has approved development of the six laning of National Highway-2 from Aurangabad-BarwaAdda section in Bihar and Jharkhand.
Decision in this regard was taken in the CCEA meeting chaired by the Prime Minister Narendra Modi in New Delhi.
Key facts
- The six laning work approximately length of 222 kms will be under the National Highways Development Project (NHDP) Phase-V.
- It will be undertaken on Design, Build, Finance, Operate and Transfer (BOT/DBFOT) basis with an estimated cost of Rs.4918.48 crore.
- Project’s main object is to expedite the improvement of infrastructure in Jharkhand and Bihar and also in reduce the time and cost of travel for traffic.
- The development of this stretch will also help to increase employment potential for local labourers for project activities and uplifting the socio-economic condition of the concerned regions.
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Month: Current Affairs - January, 2016