ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Maharashtra Clears Rs 24,702 Cr Expressway
ROADS & HIGHWAYS

Maharashtra Clears Rs 24,702 Cr Expressway

The Maharashtra cabinet has approved the construction of the Jalna-Nanded expressway, a massive infrastructure project worth Rs 24,702 crore, despite the state grappling with a rising fiscal deficit. This expressway, part of the larger Maharashtra State Road Development Corporation (MSRDC) initiative, is expected to boost regional connectivity and stimulate economic development across the state, particularly in the Marathwada region. By linking Jalna and Nanded, the expressway will provide a critical transportation corridor, reducing travel time, improving the flow of goods, and enhancing access to key markets.

This 179 km-long expressway will significantly ease traffic congestion, promote faster transportation, and support local industries by improving the movement of raw materials and finished goods. The expressway is also expected to spur the growth of ancillary industries, boost real estate, and attract investments into the underdeveloped regions it passes through. The project forms part of the Maharashtra government’s larger push towards upgrading its infrastructure to match the growing demands of its economy.

However, the approval of this project comes at a time when the state’s fiscal deficit is mounting, prompting concerns about the financial sustainability of such large-scale infrastructure initiatives. While the project’s long-term benefits for the state’s economy are acknowledged, managing fiscal resources will be critical to ensure that it does not overburden the state’s finances.

The expressway is a crucial part of Maharashtra’s efforts to build a comprehensive, modern road network, enhancing both regional and national connectivity. With the project receiving cabinet approval, construction is expected to begin soon, providing a much-needed infrastructural boost to Maharashtra's rural and urban areas. The state government hopes the expressway will pave the way for future growth, despite the immediate challenges posed by financial constraints.

The Maharashtra cabinet has approved the construction of the Jalna-Nanded expressway, a massive infrastructure project worth Rs 24,702 crore, despite the state grappling with a rising fiscal deficit. This expressway, part of the larger Maharashtra State Road Development Corporation (MSRDC) initiative, is expected to boost regional connectivity and stimulate economic development across the state, particularly in the Marathwada region. By linking Jalna and Nanded, the expressway will provide a critical transportation corridor, reducing travel time, improving the flow of goods, and enhancing access to key markets. This 179 km-long expressway will significantly ease traffic congestion, promote faster transportation, and support local industries by improving the movement of raw materials and finished goods. The expressway is also expected to spur the growth of ancillary industries, boost real estate, and attract investments into the underdeveloped regions it passes through. The project forms part of the Maharashtra government’s larger push towards upgrading its infrastructure to match the growing demands of its economy. However, the approval of this project comes at a time when the state’s fiscal deficit is mounting, prompting concerns about the financial sustainability of such large-scale infrastructure initiatives. While the project’s long-term benefits for the state’s economy are acknowledged, managing fiscal resources will be critical to ensure that it does not overburden the state’s finances. The expressway is a crucial part of Maharashtra’s efforts to build a comprehensive, modern road network, enhancing both regional and national connectivity. With the project receiving cabinet approval, construction is expected to begin soon, providing a much-needed infrastructural boost to Maharashtra's rural and urban areas. The state government hopes the expressway will pave the way for future growth, despite the immediate challenges posed by financial constraints.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement