IL&FS projects to be resolved in 100 days: Nitin Gadkari
NEW DELHI: Road transport and highways minister Nitin Gadkari said he will resolve the stalled projects of crisis-hit InfrastructureNSE -0.98 % Leasing & Financial Services (IL&FS) within 100 days.
Gadkari, who is also minister of micro, small & medium enterprises in the Narendra Modi government that took charge last week, spelt out his priorities in an interview to ET. He promised innovative funding for infrastructure projects and policies centred on job creation in the MSME segment.
The BJP, in its manifesto for the 2019 Lok Sabha elections, said it would invest Rs 100 lakh crore in the country’s infrastructure by 2024. Of this, about Rs 15 lakh crore is expected to be spent on roads, Gadkari said.
