Road Min gets 'highest ever'
allocation of Rs 1.18 trn in Budget
Road Min gets 'highest ever' allocation of Rs 1.18 trn in Budget 2021-22 on Business
Standard. FM announces over Rs 2 trillion worth highways in 4 states
Budget 2021 Pinning hopes on infrastructure for job creation amid
economic downturn, Finance Minister Nirmala Sitharaman announced
an allocation of Rs 1.18 trillion for the Ministry of Road Transport and
FM said that this is the ‘highest ever’ allocation for the department. The
states of Tamil Nadu, Kerala, West Bengal and Assam will get
highways worth Rs 2.27 trillion in the next three years or so.
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The FM in her Budget speech said, “National highway works of 3,500
km for Rs 1.03 trillion will be undertaken in Tamil Nadu, 1,100 km
projects for Rs 65,000 crore in the state of Kerala, 675 km for Rs 25,000
crore in West Bengal and Rs 34,000 crore worth of projects in Assam in
the next three years.
The ministry was allocated Rs 91,823 crore for FY21, which was later
revised to Rs 1.02 trillion as MoRTH and its wings -- National
Highways Authority of India (NHAI) and National Highways and
News Source : BS / Business Standard