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Highway projects of 15lakh crore in pipeline: VK Singh
Union Minister V K Singh on Wednesday said infrastructure sector could play a mega role in bolstering the economy and the government is ready with a basket of highway projects worth Rs 15 lakh crore to be offered in next five years.
New Delhi: Union Minister V K Singh on Wednesday said infrastructure sector could play a mega role in bolstering the economy and the government is ready with a basket of highway projects worth Rs 15 lakh crore to be offered in next five years.
He said infrastructure encompasses areas that can generate huge employment and kick off economic progress. Regarding the slowdown in the economy, the Minister of State for Road Transport and Highways V K Singh said, it is a "temporary phase".
Addressing 'Infra Awards 2019' by D&B India, a provider of global business information, Singh said infrastructure encompasses areas which bolster the economy, generate employment and kick off growth. "We have a basket of approximately Rs 15 lakh crore projects which have to be given out in this 5-years that are coming up. These include economic corridors, port connectivity, connecting important places, SEZs," he said.
