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| Picture Credit score: H.S. Manjunath
Finance Minister Nirmala Sitharaman on July 23 retained the allocation to state-owned Nationwide Highways Authority of India (NHAI) at ₹1.68 lakh crore for 2024-25.
Ms. Sitharaman in her interim Budget earlier this yr had allotted ₹1.68 lakh crore to NHAI for 2024-25.
Additionally Learn: Union Budget 2024 LIVE Updates
The Funds 2024-25 additionally retained the outlay of ₹2.78 lakh crore for the highways sector. The interim Funds 2024-25 doc had an outlay of ₹2.78 lakh crore for the highways sector.
An allocation of ₹2.70 lakh crore was made for the highways sector for 2023-24, which was revised to ₹2.76 lakh crore.
NHAI and Nationwide Highways and Infrastructure Improvement Company Ltd (NHIDCL) are primarily chargeable for the development of nationwide highways and expressways in India.
