(a) whether the Government proposes to spend Rs. 1,72,000 crore for upgrading the National Highways;
(b) if so, the details thereof;
(c) whether to fund the mega projects the Government is considering to seek market borrowings worth Rs. 30,000 crores and also external assistance and private capital; and
(d) the present status thereof?
THE MINISTER OF STATE IN THE MINISTRY OF SHIPPING, ROAD TRANSPORT AND HIGHWAYS (SHRI K. H. MUNIYAPPA)
(a) and (b) A presentation was made by the Planning Commission before the Committee on Infrastructure for the proposed programme for upgradation of National Highways in next seven years (2005-2012) at an estimated cost of Rs. 1,72,000 crore (including Rs. 75,000 crore from Private Participation).
(c) and (d) It is too early to indicate the requirement of market borrowing or external assistance for the programme for upgradation of National Highways.