PIB News Update:Union Minister for Road Transport and Highways Shri Nitin Gadkari has informed that The Government of India had approved Bharatmala Pariyojana Phase-I in October, 2017 with an aggregate length of about 34,800 km (including 10,000 km residual NHDP stretches) at an estimated outlay of Rs. 5,35,000.00 crores. Total of 255 nos. road projects with an aggregate length of about 10,699 km have been approved till October, 2019 under Bharatmala Pariyojana with Total Cost as Rs. 2,64,916 crores approximately. Bharatmala Pariyojana Phase-I is targeted for completion by 2021-22.
National Highways Authority of India is one of the implementing agencies for execution of Bharatmala Pariyojana Phase-I. For the current financial year, target of construction is 4462 Km and target of award is 7800 Km subject to pre-construction clearance, land availability and project viability.
Total funds allocated to NHAI for National Highways and actual receipt during 2019-20 (upto Oct 2019) are as follows:
(Rs. in Crore)
| YEAR | CESS | TOLL PLOUGH BACK | ToT PLOUGH BACK |
| 2019-20 (Allocation) | 16,091.00 | 10,600.00 | 10,000.00 |
| 2019-20 received upto Oct 2019 | 8,318.00 | 7,950.00 | 0.00 |
In addition, NHAI is mandated to raise Rs.75000 crores under IEBR, as well as introduce innovative financial instruments like TOT and Securitization of user fees for raising funds.
