PowerPoint Presentation - StudyIQ · Bengal , Sikkim, Assam, Arunachal Pradesh, and right up to the Indo-Myanmar border in Manipur and Mizoram. Title: PowerPoint Presentation Author:

WHAT WE WILL BE DISCUSSING IN THIS VIDEO

What is BharatMala project all about?

How will BharatMala improve connectivity with India’s

neighbours?

Why is it important?

How will BharatMala provide employment to people?

HOW DO ROADS HELP IN ECONOMIC DEVELOPMENT?

When in trouble, some politicians and countries return to the influential British

economist John Maynard Keynes. Keynes believed that governments must be ready to

borrow more and invest in public works in order to restart growth.

The government will build roads. It will employ many people in the process and pay

them. This income when spent will spur businesses as well as the economy.

The project is expected to create nearly 100 million man days of jobs during the road

construction and subsequently 22 million jobs as a result of the increased economic

activity across the country.

OTHER POINTS

• When you put a road through a backward area, you bring them close to

employment options, markets and better healthcare.

Infrastructure(roads primarily) is the key to wiping poverty.

INDIA CHINA EXAMPLE

EXAMPLE

To go from Beijing to Shanghai via road, as per Google Maps, it takes

around12.5 hours for a distance of 1213 km (via G15/25; tolled).

To go from Delhi to Mumbai, it takes around 22.5 hours for a distance of

1414 km (via NH48; tolled).

For 200 km more in India, 10 more hours are required. Average speeds in

the Chinese example are around 100 km per hour, and in the Indian one

around 60 km per hour.

ENTER BHARATMALA Bharatmala is a new umbrella program for the highways sector that

focuses on optimizing efficiency of road traffic movement across the

country by bridging critical infrastructure gaps.

Bharatmala Project, which was cleared by the Union Cabinet on October

25, is the second largest highways construction project in the country

since NHDP (National Highways Development Project) [The Golden

Quadrilateral (GQ; 5,846 km) connecting the four major cities of Delhi,

Mumbai, Chennai and Kolkata. ]

MINISTRY OF ROAD TRANSPORT & HIGHWAYS

The Minister of Road Transport & Highways, Shipping, Water

Resources, River Development and Ganga Rejuvenation

Shri Nitin Gadkari

The project covering a whopping 34800 kms of road would be completed

in a phased manner.

THERE’S MORE

In addition to Rs. 5,35,000 crore for Bharatmala Phase-I, there is

a requirement of Rs. 1,57,324 crore for ongoing schemes like

NH(O), SARDP-NE, EAP and LWE under implementation in the

Highways Sector. Thus, the overall outlay for Bharatmala and all

existing schemes put together will be Rs 6,92,324 crore over a

period of 5 years

(Special Accelerated Road Development Programme in North

East)

EMPLOYMENT Development of projects/sub projects under the umbrella program would

generate

substantive employment opportunities across the country.

It has been estimated that more than 10 crore mandays shall be generated

from Phase I of the program. (Some estimates say14.2 crore man days of

jobs)

2.2 crore permanent jobs

LOGISTICS

Bharatmala will lower logistics costs to 6% from 18% now:

Nitin Gadkari

Bharatmala programme will increase vehicle travelling speed

by around 20-25%, thereby helping reduce logistics costs

India has been grappling with high logistics costs of 16-18%,

which make its exports uncompetitive vis-à-vis China, which

has lower logistics costs of 8-10%.

CONNECTIVITY

The program shall enable to connect 550 Districts in the country through

NH linkages.

Currently, around 300 Districts have NH linkages.

NORTH-EAST

Funding: The BharatMala project will be funded in three-pronged

manner – market, private investment and asset recycling of

NHAI’s toll assets.

Of total Rs.5,35,000 crore, Rs, 2.09 lakh crore will be raised as

debt from market, Rs 1.06 lakh crore will be mobilised through

public-private partnership (PPP) mode and remaining Rs. 2.19

lakh crore will flow from accruals of Central Road Funds, Toll-

Operate-Maintain-Transfer monetisation proceeds and toll

collections.

NHAI

The project will start from Gujarat and Rajasthan, move

to Punjab and then cover the entire string of Himalayan

states - Jammu and Kashmir, Himachal Pradesh,

Uttarakhand - and then portions of borders of Uttar

Pradesh and Bihar alongside Terai, and move to West

Bengal , Sikkim, Assam, Arunachal Pradesh, and right up to

the Indo-Myanmar border in Manipur and Mizoram.