Who: Union Government
What: Sanctioned Rs 33000 Crores to TN
When: 19 January 2016
Why: For the development of infrastructure projects
Union Government on 19 January 2016 sanctioned 33000 crore rupees for the development of infrastructure projects in Tamilnadu.
Union Road Transport, Highways and Shipping Minister Nitin Gadkari announced the sanctioned amount and at his discretion, he announced additional 17000 crore rupees. With this, the total amount sanctioned was raised to 50000 crore rupees.
The infrastructure projects include construction of Rail-Over-Bridges, upgradation of state highways into National Highways and major bridges in the state.
Some Infrastructure Projects, for which the funds sanctioned, are
• Four-laning of 3 National Highways (NH) accounting a length of 105 kilometers and two flyovers in Marthandam and Parvathipuram, at an estimated cost of 2766 crore rupees.
• 39 NH projects for a length of 1974 kilometers at an estimated cost of 12000 crore rupees, which already are under progress.
• 9 new NH projects for a length of 1300 kilometers at an estimated cost of 12500 crore rupees.
• 4 flyovers in Kanyakumari district in Ozhiginaseri, Vadaseri, Thuckalay and Chettikulam at a cost of 300 crore rupees.