The task force on NIP has stressed the need for more private investment in highways and projected the total capital expenditure in road sector at Rs 20.33 lakh crore in fiscals 2020-2025.
To augment infrastructure and create jobs in the country, the Government task force on National Infrastructure Pipeline (NIP), which in its report projected total investment of Rs 111 lakh crore in infra projects over five years, said that 18 per cent of the targeted investment is expected to be made in road sector.
“Approximately 18 per cent of Rs 111 lakh crore investment targeted over fiscals 2020-25 is expected to be made in roads sector — bulk of it in augmenting road length and safety features,” the final report of the task force on NIP for 2019-2025 presented to Finance Minister Nirmala Sitharaman said.
