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Thursday, December 19, 2024 | 05:47 PM ISTEN Hindi

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Budget 2021: Highways ministry seeks nearly 40% hike in FY22 allocation

The allocation has gone up from Rs 83,015 crore last fiscal year to Rs 91,823.2 crore for the current year

Earlier this year, the NHAI came out with the new BOT guidelines to bring private players back to this mode of road construction
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The government has envisaged an ambitious highway development programme — Bharatmala Pariyojana — which includes developing about 65,000 km of highways

Megha Manchanda New Delhi
The Ministry of Road Transport and Highways (MoRTH) has sought a budgetary allocation of Rs 1.4 trillion for the next fiscal year (FY22), nearly 40 per cent higher than the FY21 allocation. The funds would be used to step up highway construction in the country.

The ministry was allocated Rs 91,823 crore for FY21, which was later revised to Rs 1.02 trillion as MoRTH and its wings — the National Highways Authority of India (NHAI) and the National Highways and Infrastructure Development Corporation (NHIDCL) — were on track with road construction despite Covid-19 induced lockdowns.

The allocation has gone up from Rs

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