Odisha to Invest Heavily in Roadways and Infrastructure Development
The Odisha government has proposed to invest Rs 2,296 crore under Road Development Programme with a target to construct 1,000 km of roads, 30 bridges and two rail-over-bridges in 2021-22. Giving a big push to infrastructure development, the government has planned to build 4,000 km of rural roads under PMGSY. So far, the Finance Minister has allocated Rs 2,000 crore under the PMGSY.
Following is a breakup of the budget allocation for roadways development:
- Financial support of Rs 100 crore has been added to the funds to develop routes under Biju Express Scheme which will act as an economic corridor for Western Odisha.
- A total of Rs 912 crore is proposed under Biju Setu Yojana.
- Rs 781 crore for improvement of RD roads and bridges
- Rs 300 crore has been added for 416 ongoing and 142 new road projects under Mukhya Mantri Sadak Yojana.
- A provision of Rs 100 crore has been made for land acquisition and development of airstrips identified under the UDAN scheme.
For railways and infrastructure development, the following funds have been allotted:
- The state’s expenditure on the new railway projects is Rs 396 crore.
- Rs 50 crore has been provided for equity infusion in three joint venture companies – Odisha Rail Infrastructure Development Ltd, Haridashpur- Paradip Railway Company and Angul-Sukinda Railway Ltd.
- Allotment of Rs 100 crore has been assigned for block-level bus stands and construction of a new bus terminal at Cuttack. Another 100 crores has been provided for urban road transport and the development of the Baramunda bus stand.
- Rs 34 crore in the shape of equity for the purchase of new buses in a bid to strengthen the Odisha State Road Transport Corporation.
- Rs 20 crore for the modernisation of RTO offices across the state