#Day 47 (CLAT 2022 Free Study Plan): National Green Highway Corridor Project

The article at hand is a part of our 60 days study plan on CLAT 2022 and other law entrance exams. You can get the detailed CLAT 2022 Free Study Plan and the previously published study notes in the series at hand by clicking on the below link:

CLAT 2022: Free 2 Months Study Plan for Beginners (Daily Updated)

National Green Highway Corridor Project

Context:

• The Government of India and the World Bank signed a $500 million project to build safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh, and Andhra Pradesh. 
• The project will also enhance the capacity of the Ministry of Road Transport and Highways (MoRTH) in mainstreaming safety and green technologies.

Details:

• The Green National Highways Corridors Project will support MoRTH construct 783 km of highways in various geographies by integrating safe and green technology designs such as local and marginal materials, industrial byproducts, and other bioengineering solutions. 
• The project will help reduce GHG emissions in the construction and maintenance of highways.
• The ultimate objective of transport infrastructure is to provide seamless connectivity and reduce logistics costs. The Government of India has launched many investment programs in road sector infrastructure to strengthen and improve logistics performance. This project will also support analytics to map the freight volume and movement pattern on the National Highway network, identify constraints, and provide innovative logistics solutions.
• Historically, the transport sector in India has offered limited employment opportunities for women. The project will support the ministry with an in-depth analysis of gender-related issues in the transport sector along with help in creating jobs for women by training women-led micro-enterprises and women collectives to implement green technologies in the highway corridors.

Project priorities:

• “Connectivity for economic growth and connectivity for sustainable development are two important aspects of a country’s development trajectory. 
• This operation brings these two priorities together in support of India’s growth strategy,
• This project will provide efficient transportation for road users in the four states, connect people with markets and services, promote efficient use of construction materials and water to reduce the depletion of scarce natural resources, and help lower GHG emissions.

The national highways in India:

• The National Highways of India carry about 40 percent of road traffic. However, several sections of these highways have the inadequate capacity, weak drainage structures, and black spots prone to accidents. 
• The project will strengthen and widen existing structures; construct new pavements, drainage facilities, and bypasses; improve junctions; and introduce road safety features. 
• It is imperative that the infrastructure investments are climate-resilient. To this effect disaster risk assessment of about 5,000 km of the National Highway network will also be undertaken under the project along with support to the ministry for mainstreaming climate resilience aspects in project design and implementation.
• The $500 million loans from the International Bank for Reconstruction and Development (IBRD), have a maturity of 18.5 years including a grace period of five years.

About the World Bank:

• World Bank The World Bank is a specialized body of the United Nations, also known as the International Bank for Reconstruction and Development.
• It was established in the year 1945 under the Bretton woods Conference of the United Nations in 1944.
• The main objective of establishing this institution was to rebuild the ruined economy in the world war.
• It provides financial assistance to member nations in reconstruction and development.
• Attempts to incorporate economies of different countries into a broader world economy and eradicate poverty in developing countries.

The present World Bank includes the following institutions:

• International Bank for Reconstruction and Development (1945);
• International Financial Corporation (1956);
• International Development Association (1960);
• International Center for Settlement of Investment Dispute (1966);
• Multilateral Investment Guarantee Agency (1988)Washington
• Its headquarters are located in DC.

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