Business
CCEA okays Rs 2,487cr highway project for Tripura
New Delhi, Dec 27
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given its approval for a Rs 2,486.78 crore project to widen and improve to two-lane the 135 km road from Khowai to to Harina on NH-208 in Tripura, an official said on Wednesday.
The project involves a loan component of Rs 1,511.70 crore from Japan International Cooperation Agency (JICA) under Official Development Assistance (ODA) scheme.
The project is envisaged to facilitate better road connectivity between various parts of Tripura and to provide alternative access to Assam and Meghalaya from Tripura apart from existing NH-8.
The project stretch also passes very close to Bangladesh border and it would improve connectivity to Bangladesh through Kailashahar, Kamalpur and Khowai Border Check Post.
The land border trade would also potentially grow with the improvement in road network in the region through development of the project road.
The selected stretch will provide improved connectivity to agricultural belt, tourist places, religious places and tribal districts of the state, which are backward in terms of growth and income.
After completion of the project, the connectivity will be improved which help to generate more revenue to the State as well as income for local public.
The construction period for the project stretches will be 2 years which includes the maintenance of these National Highways stretches for 5 years (in the case of flexible pavement)/ 10 years (in the case of rigid pavement) after the completion of construction, the statement added.
#
10 hours ago
Jeffrey Sachs warns: "Dubai could be blown up if UAE enters war"
10 hours ago
Book 'Hyderabad Days' by Microsoft executive traces roots of leadership
10 hours ago
US-based fundraiser raises $200,000 to empower one lakh Indians with disabilities
10 hours ago
India, African nations hold talks on bolstering trade and investment ties
10 hours ago
US shutdown standoff hits airports, DHS funding stuck
18 hours ago
Iran claims heavy US causalities in strikes on 'hideouts' in Dubai
18 hours ago
ggjey1 Attachments Sat, Mar 28, 10:57 PM (14 hours ago) to me, Paul "US accomplished most of its targets in "Iran, to continue operations briefly": JD Vance
18 hours ago
Cuba slams US for 'lying' over fuel blockade
18 hours ago
US deploys 3,500 marine troops to Middle East amid war against Iran
18 hours ago
Israeli military says strikes on vital components of Iran's military industry to be completed within days
18 hours ago
Pentagon prepares for weeks of ground operations in Iran: US media
19 hours ago
'No kings' protests sweep US against Trump policies
19 hours ago
Nomination filing begins tomorrow for TN Assembly polls; tight schedule amid holidays
