The Cabinet Committee on Economic Affairs on Wednesday approved a Rs. 4,918-crore highway project for widening of National Highway (NH)-2 stretch in Bihar and Jharkhand in a bid to improve infrastructure and reduce travel time.

It has approved six laning of Aurangabad–Bihar and Jharkhand Border–Barwa Adda section on National Highway-2 in the two States. The estimated cost of Rs.4,918 crore to develop 222 km road length includes cost of land acquisition, resettlement and rehabilitation and other pre-construction activities, an official statement said.

In another decision, the Union Cabinet gave approval for swapping of land belonging to Municipal Corporation of Navi Mumbai (MCGM) with land leased to Mumbai International Airport Limited (MIAL) to relocate a cemetery.

The swapping of land with MCGM will allow MIAL to complete the development work of Mumbai international airport, an official statement said.