MoRTH builds over 12,000 km of highways in FY24, 2nd highest so far

The Road Transport and Highways Ministry constructed 12,349 km of national highways in 2023-24, the second highest in its history, a senior government official said on Tuesday. Previously, the Ministry of Road Transport and Highways (MoRTH) had constructed a record 13,327 kilometres of national highways in 2020-21. National highways of 10,331 kilometres were constructed in […]

MoRTH raises Rs 40,314 crore via asset monetisation in financial year 2024

The Ministry of Road Transport and Highways (MoRTH) has raised Rs 40,314 crore through various modes of asset monetisation in financial year 2023-24, against the target of Rs 28,968 crore, a senior government official said on Tuesday. The ministry had raised Rs 15,968 crore through monetisation of 4 toll-operate-transfer (TOT) bundles, Rs 15,700 crore through […]

443 infrastructure projects hit by cost overrun of Rs 4.92 trillion in Feb

As many as 443 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by a cost overrun of more than Rs 4.92 trillion in February 2024, an official report stated. According to the Ministry of Statistics and Programme Implementation (MoSPI), which monitors infrastructure projects worth Rs 150 crore and above, […]