March 6, 2024: The government on March 6 approved the allocation of Rs 2,675.31 crore for the 4-laning of the Belgaum-Hungund-Raichur Section of the National Highway-748A.
In a post on micro-blogging site X, Union Minister for Road Transport and Highways Nitin Gadkari said this section falls in Bagalkot and Belgavi districts of Karnataka. The project spanning a total length of 92.40 kilometre will be carried out on a hybrid-annuity mode.
“This undertaking is an integral part of the Panaji-Hyderabad EC10 corridor. EC10 connects pivotal industrial hubs, including Panaji, celebrated for fishing, tourism, agriculture, and pharmaceutical industries; Belgavi renowned for food grains, sugarcane, cotton, tobacco, oilseed and milk products; Raichur, recognised for rice, cotton, groundnut and pulses; and Hyderabad, distinguished for IT, pharm, healthcare and as a hub for various startups situated in Goa, Karnataka and Telangana states, respectively,” the ministry said in a statement.
In December last year, The National Highways Authority of India (NHAI) had issued two separate tenders for the construction of four lanes with paved shoulders in the Belagavi-Hungund-Raichur section with a total value of Rs 1,699.57 crore.
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An alumna of the Indian Institute of Mass Communication, Dhenkanal, Sunita Mishra brings over 16 years of expertise to the fields of legal matters, financial insights, and property market trends. Recognised for her ability to elucidate complex topics, her articles serve as a go-to resource for home buyers navigating intricate subjects. Through her extensive career, she has been associated with esteemed organisations like the Financial Express, Hindustan Times, Network18, All India Radio, and Business Standard.
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