The main source of funding for accelerating the building of national highways (NHs) and provision of the piped water connection to rural households will be the road and infrastructure cess levied on petrol and fuel. Around 75% of the Budget allocated for highway development is estimated to come from this cess in FY23.
Nearly Rs 1.48 lakh crore for highways will come from the Central Road and Infrastructure Fund (CRIF) in the next fiscal against Rs 89,000 crore in the ongoing financial year, as per Budget documents.
