New Delhi, May 1 -- The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal for the development, maintenance, and management of a 4-lane greenfield access controlled 166.80 km National Highway from Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam on hybrid annuity mode as a high-speed corridor at a total capital cost of Rs. 22,864 crore.

Of the total 166.80 km highway project, as much as 144.80 km lies in Meghalaya while the remaining stretch of 22 km falls in Assam. The proposed greenfield high-speed corridor will improve the service level for the traffic moving from Guwahati to Silchar.

The development of this corridor will improve the connec...