Total expenditure under Bharatmala Pariyojana Phase I so far at Rs 4.10 lakh cr: Gadkari

PTI | New Delhi | Updated: 06-12-2023 18:47 IST | Created: 06-12-2023 18:47 IST
Total expenditure under Bharatmala Pariyojana Phase I so far at Rs 4.10 lakh cr: Gadkari
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A total expenditure of Rs 4.10 lakh crore has been made under Bharatmala Pariyojana Phase I (BPP-I) as on October 31, 2023, and the difference in actual and normative cost is due to increase in cost of raw material and land acquisition, Parliament was informed on Wednesday.

In a written reply to a question in the Rajya Sabha, Union Road Transport and Highways Minister Nitin Gadkari said Comptroller and Auditor General (CAG) has made observation about the increase in cost of Phase I of the pariyojana.

''As on October 31, 2023, the total expenditure (under BPP-I) is about Rs 4.10 lakh crore...There has been no diversion of funds from other schemes in the execution of BPP-I,'' he said.

According to Gadkari, certain BPP-I projects were earlier planned under other schemes of Ministry of Road Transport and Highways (MoRT&H) viz, externally aided project (EAP), National Highways Original works NH(O), and SARDP scheme, which were subsequently prioritized under BPP-I as per the network planning.

''The difference in actual project cost and normative cost under Bharatmala Pariyojana is due to increase in cost of raw material, increased land acquisition cost, construction of high speed corridors and increase in GST rates etc,'' he said.

In 2017, the Cabinet Committee on Economic Affairs (CCEA) approved BPP-I entailing development of 34,800 km of National Highway corridors with total outlay of Rs 5.35 lakh crore.

''This was based on the normative cost and not on the basis of detailed project reports (DPRs) of national highways proposed under Bharatmala Pariyojana.

''DPRs were prepared subsequently and approval of competent authority was obtained for each project,'' Gadkari said.

Replying to a separate question, the minister said National Highways Authority of India (NHAI) has collected Rs 53,536.48 crore from 2020-21 till November 23, 2023 as user fee at toll plazas on national highways through FASTag.

He said Rs 5,974.72 crore was collected in 2020-21, Rs 11,303.24 crore in 2021-22, Rs 18,843.36 crore in 2022-23 and Rs 17,415.16 crore in 2023-24 till November 23, 2023.

Gadkari said the ministry, through NHAI, has raised Rs 70,127 crore so far through monetisation of NHs through TOT (Toll Operate and Transfer), InvIT and project based financing modes.

Private investment of Rs 1,12,095 crore has also been done for NHs since 2018-19, he added.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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