Rs 4 lakh crore likely for rail, highways next fiscal

The highways and railway sectors are likely to get a combined budgetary allocation of over Rs 4 lakh crore, the highest ever. Both the ministries may see 20-30% increase in their allocation considering their track record in spending so far. During the current financial year, the Centre has allocated almost Rs 2 lakh crore for the road transport and highways ministry and going by the current trend of expenditure; the total spending is likely to touch Rs 2.1 lakh crore by March end.

from Times of India https://ift.tt/hJajtg6
https://ift.tt/fFVK8G7 January 31, 2023 at 04:45AM DIPAK K DASH

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