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Cabinet Approves PMGSY-IV for FY 2024-25 to 2028-29 with ₹70,125 Crore Allocation

The Union Cabinet, led by PM Modi, approved the Pradhan Mantri Gram Sadak Yojana-IV (PMGSY-IV) for 2024-29, with a budget of ₹70,125 crore to enhance rural connectivity.

by Economy India
September 12, 2024
Reading Time: 2 mins read
Plan to Connect 25,000 Unconnected Habitations, Build Bridges on New Routes

Plan to Connect 25,000 Unconnected Habitations, Build Bridges on New Routes

SHARESHARESHARESHARE

Plan to Connect 25,000 Unconnected Habitations, Build Bridges on New Routes

NEW DELHI (ECONOMY INDIA): : The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the implementation of the Pradhan Mantri Gram Sadak Yojana-IV (PMGSY-IV) for the period from FY 2024-25 to 2028-29. The scheme aims to enhance rural connectivity by building roads and upgrading infrastructure in remote regions.

Key Details of the Scheme

The PMGSY-IV will focus on providing financial assistance for the construction of 62,500 km of all-weather roads. The scheme will also prioritize the construction and upgrading of bridges on newly established routes to improve access for unconnected villages. A total budget of ₹70,125 crore has been allocated for this scheme, with ₹49,087.50 crore as the central government’s share and ₹21,037.50 crore from the states.

Focus on Rural Development

Under the scheme, approximately 25,000 unconnected habitations will receive road connectivity. These habitations are identified based on criteria like population size, as per the 2011 Census. In the plains, villages with populations of 500 or more will be covered, while in hilly and northeastern regions, villages with 250 or more residents will be connected. Special focus will also be on tribal areas, desert regions, and LWE (Left Wing Extremism)-affected districts.

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Modern Technology and Green Practices

The scheme aims to introduce roads built using modern technologies such as cold mix, waste plastic, and full-depth reclamation. Materials like fly ash, steel slag, and other construction waste will be utilized to minimize environmental impact. PMGSY-IV aligns with global standards and best practices, ensuring sustainable and durable road infrastructure.

Bridges and Connectivity: A Catalyst for Development

Bridges and roads built under PMGSY-IV will act as catalysts for the socio-economic development of remote regions. These roads will connect rural areas to nearby educational institutions, healthcare facilities, markets, and development centers, bringing significant benefits to local populations.

A senior official stated, “The new roads will not only provide better accessibility but will also help drive economic growth in regions that have long been underserved.”

(Economy India)

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Source: Economy India
Tags: All-Weather RoadsInfrastructure DevelopmentPM ModiPMGSY-IVRural ConnectivityUnconnected Habitations
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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