Rs 27,000 crore allocated for speeding-up road construction under PMGSY and Rs 55,000 crore for road transport and highways
GN Bureau | February 29, 2016
In its bid to give a major push to improving the infrastructure in the country, finance minister Arun Jaitley, has announced a total outlay of Rs 2,18,000 crore as capital expenditure for roads and railways in 2016-17. The year’s budget also promises that the Airport Authority of India will be reviving un-served and underserved airstrips in partnership with the state governments.
Presenting the general budget 2016-17 in Lok Sabha, the finance minister said that infrastructure and investment were the fifth support pillars of his budget theme “Transform India”.
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