Consider the following statements about Bharatmala Pariyojana ndash a National Highwa...........

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Consider the following statements about Bharatmala Pariyojana –

a) National Highways Investment Promotion Cell (NHIPC) has been created to attract foreign and domestic investment.

b) It is the largest highway construction project to ensure quicker movement of cargo and boost exports.

Which of the statement given above is / are correct?

1 only

2 only

Both 1 & 2

Neither 1 nor 2

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Explanation:

The government has set the target of constructing 35, 000 km of National Highways in the next five years under the Bharatmala project which requires an investment of Rs. 5.35 crore. It is the second largest highway construction project after NHDP under which 50,000 km of highways roads were targeted. National Highways Authority of India has created the National Highways Investment Promotion Cell (NHIPC). NHIPC is required for attracting domestic and foreign investment.