Highway development projects under CIRF Scheme unveiled in Karnataka and Telangana

Union Minister for Road Transport & Highways, Shri Nitin Gadkari has unveiled projects, in Karnataka, while allocating  Rs. 1385.60 crore that has been sanctioned for the enhancement and reinforcement of 295 Road Development Projects spanning a total length of 2055.62 Km under the CRIF Scheme across diverse districts.

According to the government's perception, this endeavor not only aims to upgrade infrastructure but also promises to ameliorate connectivity, thereby fostering socio-economic development.  

Read Also : NMDC sets first-of-its-kind mining vertical with transformation and innovative technology

Similarly in addition to this in Telangana, approval has been granted for the allocation of Rs. 850.00 crore towards the Widening and Strengthening of 31 State Road Projects, encompassing a total length of 435.29 Km under CRIF.

The recommended initiative is likely to boost economic growth, spur local tourism, and enhance the regional economy. Additionally, it creates job opportunities by promoting tourist development and improving transportation infrastructure.

Read Also : NBCC secures order worth Rs 202 crore for Project Management Consultancy services

The Central Road and Infrastructure Fund (earlier known as Central Road Fund) was established in 2000 under the Central Road Fund Act, 2000. The fund comprises a cess imposed along with excise duty on petrol and diesel. The administrative control of the CRIF falls under the Ministry of Finance.

Read Also : Best Sports Betting Sites Indonesia 2024