Major push to highways! FM Nirmala Sitharaman raises NHAI allocation to Rs 1.68 lakh crore in FY25 budget
Finance Minister Nirmala Sitharaman announced a marginal increase in the allocation to the state-owned National Highways Authority of India (NHAI) to Rs 1.68 lakh crore for the financial year 2024-25, up from the revised allocation of Rs 1.67 lakh crore in the previous year.
The pre-election Budget 2024-25 document also revealed a marginally enhanced outlay of Rs 2.78 lakh crore for the highways sector overall.
In the fiscal year 2023-24, an allocation of Rs 2.70 lakh crore was initially made for the highways sector, which was later revised to Rs 2.76 lakh crore.
