December 16, 2024 22:50 (IST)
Budget Highlights: Jaitley focuses on road infrastructure
New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley on Monday presenting the Union Budget 2016 said Rs 97,000 crore will be allocated for road infrastructure.
He said Rs 55, 000 crore will be alone for roads and highways which will be matched further from other sectors.
The total outlay for infrastructure is at Rs. 2,21,246 crores in 2016/17.
He said 85% of stalled road projects back on track.
He said there is a target of 10,000 kms of national highway and upgradation of 50,000 kms of state highways in 2016/17.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
'We have to work hard to make India no. 1': Infosys co-founder Narayana Murthy defends his ‘70-hour work week’ again
Mon, Dec 16 2024
Govt unveils 'Jalvahak' scheme to bolster long-haul cargo movement via inland waterways
Sun, Dec 15 2024
India’s per capita fruits and vegetables availability rises, but challenges persist: SBI report
Sat, Dec 14 2024
Switzerland revokes India's 'Most Favoured Nation' status over 2023 Supreme Court ruling in Nestle case
Fri, Dec 13 2024
Central Consumer Protection Authority issues notices to 17 direct-selling companies over alleged unfair trade practices
Fri, Dec 13 2024
SpiceJet clears employee PF dues of Rs 160.07 cr
Fri, Dec 13 2024
Nearly 97% of Indian villages covered with mobile connectivity: Govt
Thu, Dec 12 2024