Prime Minister Narendra Modi would lay the foundation stone of Rs 939.41 crore semi-ring road project here during his visit to Jammu and Kashmir on May 19, officials said today.
Kashmir Divisional Commissioner Baseer Ahmad Khan took a detailed review of the status of the land acquisition process for the construction of Srinagar semi-ring road project.
In the meeting, he announced the prime minister will lay the foundation stone of Rs 939.41 crore semi-ring road project on May 19.
The meeting was informed that all districts, except Budgam, have transferred their land to the National Highway Authority of India, adding the remaining 30 per cent land in Budgam will be transferred within three days.
On the recommendations of the divisional commissioner, the NHAI agreed to transfer Rs 120 crore to Budgam and Rs 35 crore to Srinagar district administrations for land acquisition by tomorrow.
Also Read
It was said the agency will transfer the remaining Rs 300 crore to Budgam on May 14.
The divisional commissioner also directed the NHAI authorities to transfer pending amount immediately to the other district administrations for onward disbursement among the people whose land has been acquired for the road.
He directed the departments concerned to coordinate in order to ensure that all bottlenecks are removed before the foundation stone is laid by the prime minister.
Khan said the vital project will revolutionise the road connectivity between south and central Kashmir and will greatly help in intra and inter-district transport.
Disclaimer: No Business Standard Journalist was involved in creation of this content