Bharatmala Pariyojana: Navigating the Challenges of Cost Escalation

24 Nov 2023 CW Team

The Bharatmala Pariyojana, envisioned to transform India's roadways, has encountered an unforeseen challenge ? a staggering increase in its projected cost. According to a recent report by ICRA, the estimated expenditure has surged to an unprecedented Rs 10.64 lakh crore, more than doubling the initial assessment. This revelation raises critical questions about the project's financial sustainability and the factors contributing to this dramatic escalation. As the nation eagerly anticipated enhanced connectivity and economic benefits from the Bharatmala initiative, the burgeoning costs pose a significant concern. Understanding the dynamics behind this surge is crucial for stakeholders, policymakers, and the public. This essay delves into the factors driving the escalating costs, evaluates the potential impacts on the project's timeline, and explores the broader implications for India's infrastructure development.

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