Unveiling Bharatmala Pariyojana Phase I Expenditure: A Comprehensive FAQ

Bharatmala Pariyojana Phase I (BPP-I), a colossal initiative aimed at transforming the National Highway infrastructure, has faced scrutiny over its cost increments. Addressing concerns raised by the Comptroller and Auditor General (CAG), Union Road Transport and Highways Minister Nitin Gadkari disclosed critical details about the project's progress as of October 31, 2023.

FAQ 1: What is the current expenditure under Bharatmala Pariyojana Phase I (BPP-I)?

As of October 31, 2023, the total expenditure under BPP-I stands at an impressive Rs 4.10 lakh crore.

FAQ 2: What observations has the CAG made regarding the cost of Phase I?

The Comptroller and Auditor General (CAG) has raised observations concerning the increase in the cost of Phase I of Bharatmala Pariyojana.

FAQ 3: Has there been any diversion of funds during the execution of BPP-I?

No, there has been no diversion of funds from other schemes during the execution of BPP-I. Projects initially planned under other Ministry of Road Transport and Highways schemes were reprioritized under BPP-I based on network planning.

FAQ 4: What are the reasons for variations in project costs?

The variance between actual project cost and normative cost is attributed to factors such as increased raw material costs, escalated land acquisition expenses, construction of high-speed corridors, and GST rate hikes.

FAQ 5: When was Bharatmala Pariyojana Phase I approved, and what is its scope?

In 2017, the Cabinet Committee on Economic Affairs (CCEA) approved BPP-I, encompassing the development of 34,800 km of National Highway corridors with a total outlay of Rs 5.35 lakh crore.

FAQ 6: What is the status of FASTag collections and NHAI funding?

The National Highways Authority of India (NHAI) collected Rs 53,536.48 crore from 2020-21 until November 23, 2023, as user fees at toll plazas on national highways through FASTag.

FAQ 7: How has NHAI raised funds for National Highways development?

NHAI has raised a significant amount of Rs 70,127 crore through the monetization of National Highways using Toll Operate and Transfer (TOT), Infrastructure Investment Trusts (InvIT), and project-based financing modes.

FAQ 8: How much private investment has been infused into National Highways since 2018-19?

Private investment totaling Rs 1,12,095 crore has been infused into National Highways since the fiscal year 2018-19.

FAQ 9: What role has NHAI played in mobilizing funds for National Highway infrastructure?

Overall, NHAI, through various financial strategies, has played a pivotal role in mobilizing funds for the development and maintenance of the National Highway infrastructure.

FAQ 10: What are the key takeaways from Bharatmala Pariyojana Phase I financial disclosures?

BPP-I showcases substantial progress with a total expenditure of Rs 4.10 lakh crore, transparent fund allocation, and strategic financial measures employed by NHAI to ensure sustainable development and maintenance of National Highways.