Rs 50,655 Crore Investment: Cabinet Approves 8 New National High-Speed Corridors

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the development of eight key national high-speed corridor projects spanning 936 km for Rs 50,655 crore across India. This initiative is set to generate an estimated 4.42 crore man-days of direct and indirect employment, according to a statement by the CCEA. Project Highlights: Agra – Gwalior National High-Speed Corridor: Length: 88 kmCost: Rs 4,613 croreMode: Build-Operate-Transfer (BOT) Details: A 6-lane, fully access-controlled corridor that will double the traffic capacity between Agra and Gwalior, reducing the distance by 7% and travel time by 50%. It will enhance connectivity to key tourist destinations in Uttar Pradesh and Madhya Pradesh. Kharagpur – Moregram National High-Speed Corridor: Length: 231 kmCost: Rs 10,247 croreMode: Hybrid Annuity Mode (HAM) Details: A 4-lane corridor that will increase traffic capacity by five times between Kharagpur and Moregram, reducing travel time from 9-10 hours to 3-5 hours, and improving connectivity for states like West Bengal, Odisha, and Andhra Pradesh to the North-East. Tharad – Deesa – Mehsana – Ahmedabad National High-Speed Corridor:Length: 214 kmCost: Rs 10,534 croreMode: Build-Operate-Transfer (BOT) Details: A 6-lane corridor connecting key national corridors in Gujarat, enhancing logistics efficiency and reducing travel distance and time significantly. Ayodhya Ring Road:Length: 68 kmCost: Rs 3,935 croreMode: Hybrid Annuity Mode (HAM)Details: A