Skip to main content

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.

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/l93OwDk

Comments

Popular posts from this blog

Pant, Hardik star in India's T20 World Cup warm-up

India ticked multiple boxes during their 60-run victory over Bangladesh in the T20 World Cup warm-up match here on Saturday, but none bolder than a fifty by Rishabh Pant which has all but sealed his place as the first-choice wicketkeeper batter in the ICC showpiece. India ticked multiple boxes during their 60-run victory over Bangladesh in the T20 World Cup warm-up match here on Saturday, but none bolder than a fifty by Rishabh Pant which has all but sealed his place as the first-choice wicketkeeper batter in the ICC showpiece. from Times of India https://ift.tt/9zh1Yfr