Highway construction’s pace bulldozes pandemic barriers! Sets new record
Despite the pandemic-induced lockdown and restrictions on mobility in large parts of the country, highway construction grew by 74% on year in April-May of the current financial year to 1,470 km or 24.1 km/day. Of course, the sharp year-on-year growth is on a low base (14.1 km/day in April-May 2021), but even in comparison to April-May 2020 (28.2 km/day), the performances of state-sector highway builders were creditable in the first two months of the current fiscal.
The latest highway construction signals that the construction sector of the economy, which posted a recovery with 14.5% growth in gross value added (GVA) in Q4FY21, may somewhat retain the momentum in Q1 this fiscal.
