Skip to main content

The Road Ministry Has a Plan of Rs 3,600 Crore for Better Connectivity to Ayodhya and Surrounding Areas.

The Ministry of Road Transport and Highways has sought special approval from the Center for construction of a 68-km greenfield bypass in Ayodhya and surrounding areas with an investment of Rs 3,570 crore. NHA has invited bids for a 4/6 lane highway that will pass through Lucknow, Basti and Gonda districts.

The road ministry has a Rs 3,600 crore plan for better connectivity to Ayodhya

It is estimated that the daily traffic will increase from the current 89,023 vehicles to 2.17 lakh vehicles by 2033.
essence
 The Ministry of Road Transport and Highways has sought special approval from the Center for construction of a 68-km greenfield bypass with an investment of Rs 3,570 crore in Ayodhya and surrounding areas. The project aims to address the expected increase in traffic after the inauguration of the Ayodhya Ram temple, hence the project was passed. The construction will be done through Public-Private Partnership (PPP) mode, which is targeted for completion in two-and-a-half years.

The Ministry of Road Transport and Highways has sought special approval from the Center for construction of a 68-km greenfield bypass in Ayodhya and surrounding areas with an investment of Rs 3,570 crore.



The project, divided into North Ayodhya and South Ayodhya Bypass, is planned to cope with the expected increase in passenger and freight traffic in the region after the inauguration of the Ram temple. It is estimated that the daily traffic will increase from the current 89,023 vehicles to 2.17 lakh vehicles by 2033. The construction of the bypass will be done through a Public-Private Partnership (PPP) mode.

Sources revealed that the road ministry sought special approval as the finance ministry has advised against starting any new project under Bharatmala for the time being. Additionally, since the cost of the project exceeds Rs 1,000 crore, the ministry needs the approval of an apex committee that evaluates PPP projects. NHAI aims to complete the construction in two-and-a-half years.


To boost infrastructure in and around the temple town of Ayodhya, the Uttar Pradesh government plans to invest Rs 85,000 crore to transform Ayodhya into an economic and tourism hub following the Master Plan 2031. The redevelopment plan spanned a decade with a focus on infrastructure. and tourism. The district is already witnessing an increase in tourist arrivals from 0.6 crore in 2021-22 to 2.3 crore in 2022-23, with further proposals sanctioned to increase hotel beds to 3,322.

The National Highways Authority of India (NHAI) and the UP government's Public Works Department are overseeing the projects worth Rs 10,000 crore and Rs 7,500 crore respectively. Ayodhya Dham railway station is being renovated with modern facilities at a cost of Rs 430 crore. Maharishi Valmiki International Airport, inaugurated in December at a cost of Rs 328 crore, is also set to be a convenient gateway for passengers.

Comments

Popular posts from this blog

Nagarjuna Fertilizer share price ?

 Nagarjuna Fertilizers & Chemicals Limited is a major player in India's agriculture sector, contributing significantly to the country's fertilizer production and agricultural development. Understanding the share price dynamics of Nagarjuna Fertilizer is essential for investors who want to effectively navigate the stock market and take advantage of potential opportunities. Nagarjuna Fertilizer Company Overview Nagarjuna Fertilizers & Chemicals Limited, established in 1973, has emerged as a leading manufacturer of fertilizers, chemicals and agro products. The company's commitment to quality, innovation and sustainability has earned it a prestigious position in the industry. Nagarjuna Fertilizer's diverse product portfolio caters to the needs of farmers across different regions, boosting agricultural productivity and rural development. Factors Affecting Nagarjuna Fertilizer Share Price Market Conditions: Nagarjuna Fertilizer's share price is influenced by broa...

Ayodhya: Construction work started again in Shri Ram Janmabhoomi temple, second phase will be completed by 2024.

 In view of the consecration program of Ramlala to be held on January 22 in the Ram temple of Ayodhya, the construction work was stopped for a month from January 15. Now on February 15, all the workers have returned once again. After this the work of the second phase has been started. The construction work of the temple is to be completed in three phases by the year 2025. The construction work of Shri Ram Janmabhoomi temple in Ayodhya, Uttar Pradesh has started once again with full capacity. The coordination between the construction work of the temple and the darshan of Ram devotees has been made in such a way that both the works are not interrupted. This is the reason that the construction work of the temple which had almost stopped on January 15 before the Pran Pratishtha program, has now gained wings again. It is being told that the construction work of Shri Ram Temple will be completed within the stipulated time limit. The construction work of Shri Ram Janmabhoomi Temple is to ...

What is a Trading Tick?

 A trading tick refers to the smallest possible price movement of a financial instrument, such as a stock, currency pair, or futures contract. It serves as the basic unit of measurement of price changes in the market. Ticks are important for traders to assess market activity and determine the direction of price movements. Tick size vs tick value Tick size represents the minimum price increment by which an asset's price can change. For example, in the stock market, the tick size may be $0.01. Tick value, on the other hand, indicates the monetary value of each tick movement. In our stock market example with a tick size of $0.01, each tick would represent a value of $0.01. Importance of Understanding Trading Ticks Understanding trading ticks is essential for traders to make informed decisions in the market. By analyzing tick data, traders can identify trends, assess market liquidity and determine optimal entry and exit points for their trades. Mastery of trading ticks enables traders ...