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The proposed 623 km Coastal Highway starts from Pozhiyoor in Thiruvananthapuram district in the south to Thalapadi in Kasaragod district in the north. The highway will run parallel to the coast of the Arabian Sea.
Laying the blame for the financial problems being faced by the state on the doorstep of the Centre, the minister said the union government was trying to limit or control the borrowings by the states.
Officials said a portion of the under-construction tunnel on the Jammu-Srinagar national highway collapsed soon after the work started.
India is the fastest growing major economy this financial year, even ahead of China, though size-wise, we remain far behind.
He was addressing a gathering of nearly 200 invited guests in the capital, the first of the chief minister's outreach programmes to convince the public.
In addition to organising seminars and distributing pamphlets and leaflets in houses explaining why SilverLine is inevitable, the chief minister himself will address the public on January 4.
Vehicles on the National Highway will be allowed to commute in either direction of the first tunnel to facilitate the construction of the second tunnel which is due to open next year.
Around 600 kms of road, from Talapady in Kasaragod district to Karode in Thiruvananthapuram, would also be six-laned as part of the project.
FM said the plan does not involve selling of land and it is about monetising brownfield assets. Projects have been identified across sectors, with roads, railways and power being the top segments.
The twin tunnels are along the Mannuthy-Wadakkanchery stretch on the NH 544 between Thrissur and Palakkad districts.