Bharatmala Yojana

National Highways Investment Promotion Cell (NHIPC) | Xamnation

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National Highways Investment Promotion Cell (NHIPC).

  • Created by National Highways Authority of India
  • NHIPC is required for attracting domestic and foreign investment
  • focus on engaging with global institution investors, construction companies, developers and fund managers for building investor participation in road infrastructure projects
  • work in close co-ordination with various departments and ministries as well as various apex Business chambers such as CII, FICCI, ASSOCHAM
  • Fund will be used for Bharatmala Pariyojan.

Bharatmala Pariyojana

  • Target of constructing 35, 000 km of National Highways in the next five years which requires an investment of Rs. 5.35 lakh crore
  • It is the second largest highway construction project after NHDP under which 50, 000 km of highways roads were targeted.
  • Roads built under the project would include state highways, national highways and some state roads across the country.
  • Subsume all existing highway projects including the flagship National Highways Development Project (NHDP), launched by the Atal Bihari Vajpayee government in 1998
    • National Highways Development Programme (NHDP) was launched in 1998 with the objective of developing roads of international standards which facilitate smooth flow of traffic.
  • Agencies doing construction: National Highways Authority of India, National Highway and Industrial Development Corporation and State Public Works Department