The Cabinet Committee on Economic Affairs has recently accorded nod to the revised cost estimate for the sub-project Ramban to Banihal Section in the State of Jammu & Kashmir approved by the Expenditure Finance Committee (EFC) for the development four laning of National Highways under National Highways Development Project (NHDP) Phase II on Engineering Procurement Construction (EPC) Mode. The approval of the investment/award decision for the sub-project of four laning of Ramban-Banihal Section of NH-1A (now NH-44) of approximate length of 32.0 km on EPC mode is at a revised cost estimate of Rs 2168.66 crore, including the cost of land acquisition, R&R and pre-construction activities and Centage charges.