The Central government approved eight national high-speed road corridor projects of length 936 km entailing investment of Rs 50,655 crore to improve logistics efficiency and connectivity across the country, an official statement said.

The implementation of these eight important projects will generate an estimated 4.42 crore mandays of direct and indirect employment, it said.

The projects approved by the Cabinet Committee on Economic Affairs include 6-Lane Agra-Gwalior National High-Speed Corridor, 4-Lane Kharagpur-Moregram National High-Speed Corridor, 6-Lane Tharad-Deesa-Mehsana-Ahmedabad National High-Speed Corridor, 4-lane Ayodhya Ring Road, 4-Lane Section between Pathalgaon and Gumla of Raipur-Ranchi National Highspeed Corridor, and 6-Lane Kanpur Ring Road.

On the new projects, Prime Minister Narendra Modi in a tweet on X said: 'Tranformative' boost to India's infrastructure landscape!
"The Cabinet's approval of 8 National High-Speed Road Corridor Projects at an expenditure of over Rs 50,000 crore will have a multiplier' effect on our economic growth' and boost employment' opportunities. It also underlines our commitment to a futuristic and connected India.

According to the release, the 88 km Agra-Gwalior National High-Speed Corridor will be developed on build-operate- transfer (BOT) mode as a fully access-controlled 6-lane corridor at a total capital cost of Rs 4,613 crore.