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New Delhi: India needs to invest Rs 200 crore everyday for the next 20 years for road projects under NHDP and requires an efficient financing plan to meet this objective, says a Parliamentary panel. Going by this, the government would have to raise a whopping Rs 73,000 crore every year for the next two decades. Quantum of financial resources required for implementation of highway projects is significantly high. "An estimated investment of Rs 200 crore is required everyday for a period of 15-20 years," the Committee on Estimates said in its report on National Highways Development Project (NHDP). NHDP is the country's largest road project to develop and improve the network of over 70,000 kms of national highways. Since the government resources are not enough for such capital intensive activity, "an efficient financing plan mobilising all resources needs to be worked out to ensure steady flow of funds", the panel said. Read Full: India needs Rs 200 cr a day for highway projects
