Govt. clears Rs.1,621 crore NH-63 four-laning

The government approved four-laning of a road project worth Rs.1,621 crore on the Karnataka-Andhra Pradesh section of National Highway-63.

The Cabinet Committee on Economic Affairs approved the Hospet-Bellary-Karnataka Andhra Pradesh Border section of NH&ndash 63 in Karnataka that is 95-km-long.

The government said that project is aimed to improve infrastructure in Karnataka and to reduce the travel time on this section of NH-63.

This project will be under the National Highways Development Project (NHDP) Phase-IV. The Union Cabinet gave its ex-post facto approval to Memorandum of Understanding (MoU) signed between India and Sweden in February technical cooperation in the railway sector.

Besides exchange of technical expertise, the MoU is aimed to help India in projects such as freight operations in cold regions, tilting coaches or trains, capacity allocation (time tabling) and improved freight traffic. The Cabinet on Wednesday also approved the MoU signed with Sweden for technical cooperation in the rail sector.

Current Affairs 6th April, 2016
Highlights of Union Budget 2016-17
Highlights of Railway Budget 2016

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