The Cabinet Committee on Economic Affairs has approved the launch of the third phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY-III).
About:
Length covered: Under the PMGSY-III Scheme, it is proposed to consolidate 1,25,000 Km road length in the States.
Strategy: PMGSY-III involves consolidation of through routes and major rural links connecting habitations to Gramin Agricultural markets (GrAMs), higher secondary schools and hospitals.
Financial Implications: It will entail an estimated cost of Rs 80,250 crore. The funds would be shared in the ratio of 60:40 between the Centre and State for all States except for 8 North Eastern and 3 Himalayan States for which it is 90:10.
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