Guwahati, April 30 -- Union Minister for Information and Broadcasting Ashwini Vaishnaw on Wednesday announced that the Union Cabinet has approved the development of a Greenfield High-Speed Corridor between Shillong and Silchar on Hybrid Annuity Mode (HAM) at an estimated cost of Rs 22,864 crore.

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi approved the proposal for Development, Maintenance and Management of 4-lane Greenfield Access Controlled 166.80 km of National Highway No. 06 from Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam on Hybrid Annuity Mode.

The project, spanning 166.80 km-144.80 km in Meghalaya and 22.00 km in Assam, aligns with the government's vision...