April 29, 2024 00:54 (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
Goa Shipyard Limited signs MoU with Netherlands-based Damen Shipyards in field of e-Tugs Sun, Apr 28 2024
After postponing visit to India, Tesla CEO Elon Musk heads to China Sun, Apr 28 2024
AdaniConneX sets benchmark with construction financing framework of USD 1.44 billion Sun, Apr 28 2024
India’s export of premium-quality basmati rice up 22% till Feb 2024 Sat, Apr 27 2024
Small Finance Banks can now apply to become universal banks under the on-tap licesning norms: RBI Sat, Apr 27 2024
Difference Between Demat and Trading Account Fri, Apr 26 2024
SBI Cards Q4FY24 net profit grows 11% YoY to Rs 662.37 cr Fri, Apr 26 2024
Stock market opens in green with Nifty near 22,600 Fri, Apr 26 2024