FM marginally increases allocation to NHAI to Rs 1.68 lakh crore for FY25
The Hindu
Finance minister increases allocation to NHAI for highways, with enhanced outlay for the highways sector in the pre-election budget.
Finance minister Nirmala Sitharaman on Feb. 1 marginally increased allocation to State-owned National Highways Authority of India (NHAI) to ₹1.68 lakh crore for 2024-25 from last year's revised allocation of ₹1.67 lakh crore.
The pre-election Budget 2024-25 document has allocated marginally enhanced 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 National Highways and Infrastructure Development Corporation Ltd (NHIDCL) are primarily responsible for the construction of national highways and expressways in India.
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