Modi 3.0 unveils infrastructure projects worth ₹3 lakh crore in 100 days

By Vivek Dubey

CNBC-TV18.com

Published Sept 17, 2024

Massive Investment

₹3 lakh crore allocated for infrastructure projects in Modi 3.0's first 100 days, marking a significant boost to national development efforts.

Mega Port Development

The Wadhavan Port project in Maharashtra, costing ₹76,220 crore, aims to become a top 10 global port with its all-weather deep draft capabilities.

Greenfield Port Vision

Wadhavan Port’s development as a major deep draft port is designed to handle significant cargo volumes and enhance global trade connectivity.

Highest Tunnel Plan

Shinkun La Tunnel, a 4.1 km twin-tube structure at 15,800 feet altitude, will provide all-weather connectivity to Leh, setting a world record for altitude.

Record-Breaking Tunnel

The Shinkun La Tunnel will be the highest in the world, providing crucial all-weather access to remote regions of Ladakh.

Rural Roads Expansion

PMGSY-IV initiative approved for 62,500 km of roads and bridges to link 25,000 unconnected villages, with central funding of ₹49,000 crore.

Comprehensive Road Network

The extensive rural road and bridge projects under PMGSY-IV will drastically improve infrastructure connectivity and support regional development.

High-Speed Corridors

Eight National High-Speed Road Corridor Projects spanning 936 km, with an investment of ₹50,600 crore, to enhance India’s road network.

New Railway Lines

Approval for eight new railway line projects aims to improve travel efficiency and convenience across the country’s rail network.

Metro Expansion

Three new metro projects include Bangalore Metro Phase-3 (44.65 km, 31 stations), Thane Integral Ring Metro (22 stations), and Pune Metro extension, costing over ₹30,000 crore.

Airport Upgrades

Varanasi's Lal Bahadur Shastri International Airport to expand with a new terminal, runway extensions, and parallel taxi track at an estimated cost of ₹2,869.65 crore.