The government could allocate over ₹2.10 lakh crore towards building highways and roads in the FY24 budget.
Officials told ET that the ministry of roads, transport, and highways will get around 10-15% more than the amount allotted during FY23, for the next budget. The FY23 budget had earmarked ₹1.99 lakh crore as Gross Budgetary Support (GBS) for the transport ministry, of this, capital expenditure (capex) stood at ₹1,87,744 crore, while revenue expenditure was ₹11,364 crore.
