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The Union Cabinet on Wednesday decided to provide additional budgetary support worth Rs 8,114 crore for four national highway projects in Jammu & Kashmir.
The projects in question are Srinagar-Banihal, Qazigund-Banihal, Chenani-Nashri and Jammu-Udhampur under phase II of the National Highways Development Project (NHDP).
Once complete, these highways will prove all-weather connectivity in the state and will reduce journey time from Jammu to Srinagar and strategic border areas.
“The Cabinet gave an ex post facto approval for award of four projects under NHDP in Jammu & Kashmir…
Consequently there is an increase in additional budgetary support from Rs 20,210.10 crore to Rs 28,324.08 crore for award of four projects under NHDP phase II,” government sources said.
“These will also help uplift the socio-economic condition of the state by restoring connectivity to far-flung areas and will also help boost the economy and provide employment potential to locals in project activities,” sources said.
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