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Wipro 401.30↑7.20(1.83%)

Gati Shakti push: 18 road projects headed for the fast lane in FY24

62 critical projects to be awarded by FY25

Shreya Nandi New Delhi

Actis to buy $400-million road assets from India's Welspun Group

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As many as three projects will be awarded in the current fiscal, 18 in the next and 41 projects in 2024-25

3 min read Last Updated : Jan 30 2023 | 12:26 PM IST

In line with the thrust on the Prime Minister Gati Shakti-National Master Plan, the government will prioritise and fast-track as many as 18 critical road infrastructure projects in the financial year 2023-24.

The Centre has set sights on 67 critical road projects that would result not only in integrated infrastructure development but also improvement of logistics efficiency across the country over the next two years, a senior government official said.

These critical projects were proposed by ministries, such as steel, chemicals and fertilisers, and ports, shipping and waterways. The projects have not only been actively discussed by an inter-ministerial panel under the Gati Shakti initiative but also at the meeting of the Group of Infrastructure Committee (that connects ministries for infrastructure projects) last week.