New highways, corridors to come up
To augment highways development programme, including construction of 15,500 km of highways involving 9,000 km of economic corridors, the Modi Government on Saturday made a budgetary allocation of Rs 91,823,22 crore for the Ministry of Road Transport and Highways. Finance Minister Nirmala Sitharaman also proposed to provide about Rs 1.70 lakh crore for transport Infrastructure in financial year 2020-21.
The last allocation in her maiden interim Budget was Rs 83,016. Welcoming the Budget as growth oriented, Road Transport and Highways Minister Nitin Gadkari said it is full of innovative initiatives for aspirational India.
“Accelerated development of highways will be undertaken. This will include development of 2,500 Km access control highways, 9,000 Km of economic corridors, 2,000 Km of coastal and land port roads and 2,000 Km of strategic highways,” Sitharaman said in her budget speech.
