Economy

NHAI gets new chairperson

·         National Highways Authority of India (NHAI) was set up under NHAI Act, 1988.

·         It is under the executive management of the Ministry of Road Transport and Highways.

·         It has been entrusted with the National Highways Development Project, along with other minor projects for development, maintenance and management.

·         National Highways Development Project (NHDP) could be a project to upgrade, rehabilitate and widen major highways in India to a higher standard.

·         The project was started in 1998.

·         NHAI maintains the National Highways network to world standards and value effective manner and promotes economic well being and quality of life of the individuals.

·         It has completed construction of 3,979 kilometre of national highways within the FY 2019-20. NHAI has mandated development of regarding 27,500 kilometre of national highways underneath BharatmalaPariyojna Phase-I.

·         HAI has signed a memorandum of understanding (MoU) with the Indian Space Research Organisation for satellite mapping of highways.