Union Budget 2021 | Highways Ministry gets ₹1,18,101 cr. outlay
[ad_1]
Of this, ₹1,08,230 cr. is for capital expenditure
The Ministry of Road Transport and Highways obtained ₹1,18,101 crore underneath the Union Budget, of which ₹1,08,230 crore is for capital expenditure. Finance Minister Nirmala Sitharaman mentioned this was the very best ever outlay for the sector.
The Finance Minister knowledgeable Parliament that underneath the Bharatmala Project, greater than 13,000 km of roads had been awarded, and that by March subsequent 12 months one other 8,500 km can be awarded for building.
The authorities additionally introduced National Highway tasks for poll-bound States of Tamil Nadu, Assam, Kerala and West Bengal.
Ms. Sitharaman mentioned Tamil Nadu would get National Highway works totalling 3,500 km at ₹1.03 lakh crore. These would come with Madurai- Kollam and Chittoor-Thatchur corridors the place the development would start subsequent 12 months.
Kerala will get National Highway works of 1,100 km at an outlay of ₹65,00 crore, together with Mumbai-Kanyakumari hall.
National Highway tasks totalling 675 km shall be in-built West Bengal at a value of ₹25,000 crore, together with upgradation of current highway from Kolkata to Siliguri. Assam at the moment has National Highway works of ₹19,000 crore underneath manner and can see an funding of extra ₹34,000 crore within the coming three years for constructing 1,300 km of roads.