|The Cabinet Committee on Economic
Affairs, chaired by the Prime Minister Shri Narendra Modi, has given
its approval for development of the six laning of Handia-Varanasi
section of NH-2 in Uttar Pradesh.
This work will be under the National Highways Development Project (NHDP)
Phase-V. The approval is in Hybrid Annuity Mode.
The cost is estimated to be Rs.2,147.33 crore including cost of land
acquisition, resettlement and rehabilitation and other
pre-construction activities. The total length of the road will be
approximately 73 kms.
The project will lead tothe improvement of infrastructure in Uttar
Pradesh and reduce the time and cost of travel for traffic,
particularly heavy traffic, plying on this stretch.The development
of this stretch will also help in uplifting the socio-economic
condition of the concerned regions of the State and would also
increase employment potential for local labourers for project
activities. It has been estimated that a total number of 4,076
mandays are required for construction of one kilometre of highways.
As such, employment potential of 3,00,000 (approx.) mandays will be
generated locally during the construction period of the project.
The project is covered in the region of Handia and Varanasi.