Now Reading: Bihar plans 126-km Ganga corridor at Rs 70,000 crore
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Bihar plans 126-km Ganga corridor at Rs 70,000 crore
Bihar Chief Minister Samrat Choudhary on Sunday announced a plan to build a 126-kilometre Marine Drive along the Ganga, at an estimated cost of Rs 70,000 crore. The project will involve Rs…
Bihar Chief Minister Samrat Choudhary on Sunday announced a plan to build a 126-kilometre Marine Drive along the Ganga, at an estimated cost of Rs 70,000 crore. The project will involve Rs 20,000 crore from the state government and Rs 50,000 crore from private investors.
Addressing the closing ceremony of an employment fair in Patna, Choudhary said the existing 21-km Marine Drive in Patna, started by former chief minister Nitish Kumar in 2013, was completed this year at a cost of Rs 6,000 crore. The new stretch will run from Koilwar on the Son River along the Ganga.
Indian Opinion Analysis
Bihar's existing Patna Marine Drive cost Rs 6,000 crore and took 12 years to finish. The new corridor is 11 times longer and more than 11 times costlier, with 71% of funding expected from private players. Infrastructure projects of this scale in Bihar have historically faced land acquisition and cost overruns. The next signal to watch is whether private investment commitments materialise and how the state plans to acquire land along the 126-km stretch.
Source: economictimes.indiatimes.com
This story was synthesised by AI from the source linked above.
