Roads and highways ministry makes strong pitch for Rs 85k crore allocation in Budget 2016!
Advertisement
Roads and highways sector, which is one of the focus areas of PM Narendra Modi government, received an allocation of Rs 42,913 crore in the 2015-16 Union Budget.
InBudget 2016 , the ministry is now eyeing an outlay of Rs 85,000 crore, double of what it got in last fiscal.
The ministry wants to add at least 30 kilometres of roads every day and is also looking to fast-track highways project.
“Out of the allocation for the current fiscal, the ministry has already utilised about 80 per cent of the allocated funds and the rest is likely to be used up by March 31,” a Road Ministry official told PTI.
Meanwhile, the Nitin Gadkari-led road ministry has also sought Rs 500 crore allocation for the automated driving licence project.
According to Gadkari, not just 30 per cent of driving licences in the country are "bogus", but shortage of drivers in India is at 22 per cent.
The ministry also wants Rs 250 crore for implementation of cashless insurance for road accident victims, besides Rs 50 crore for research and development.
The government also has plans to build several green expressways, in addition to the existing expressways, including the Delhi-Dehradun stretch.
Also, a 1,000-km highway at a cost of Rs 11,000 crore to link Chardham and a 1,000-km highway project to connect the Buddha Circuit in Uttar Pradesh and Bihar are in the works. At the same time, the government is working on speeding up the road building pace, which is 18 km a day at present, to 30 km by March.
(Image: Indiatimes)
Advertisement
In
The ministry wants to add at least 30 kilometres of roads every day and is also looking to fast-track highways project.
“Out of the allocation for the current fiscal, the ministry has already utilised about 80 per cent of the allocated funds and the rest is likely to be used up by March 31,” a Road Ministry official told PTI.
Meanwhile, the Nitin Gadkari-led road ministry has also sought Rs 500 crore allocation for the automated driving licence project.
Advertisement
The ministry also wants Rs 250 crore for implementation of cashless insurance for road accident victims, besides Rs 50 crore for research and development.
The government also has plans to build several green expressways, in addition to the existing expressways, including the Delhi-Dehradun stretch.
Also, a 1,000-km highway at a cost of Rs 11,000 crore to link Chardham and a 1,000-km highway project to connect the Buddha Circuit in Uttar Pradesh and Bihar are in the works. At the same time, the government is working on speeding up the road building pace, which is 18 km a day at present, to 30 km by March.
(Image: Indiatimes)
Advertisement
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Markets rebound in early trade amid global rally, buying in ICICI Bank and Reliance
- Women in Leadership
- Rupee declines 5 paise to 83.43 against US dollar in early trade
- Election Commission issues notification for sixth phase of Lok Sabha polls
- 6 Coffee recipes you should try this summer