Around Rs 7 lakh crore to be spent on building roads by...

Around Rs 7 lakh crore to be spent on building roads by 2021-22

This is under various government schemes and proposed Phase-I of Bharatmala programme upto 2021-22.
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building roads
Around Rs 7 lakh crore to be spent on building roads by 2021-22. This is under various government schemes and proposed Phase-I of Bharatmala programme upto 2021-22.

“The estimated fund requirement for such projects is about Rs 6,92,324 crore upto Financial Year 2021-22”  said Minister of State for Road Transport and Highways Mansukh Lal Mandaviy

He said the money would come from Gross Budgetary Support. Others includie national highway share of Central Road Fund cess, toll remittance.

Toll-Operate-Transfer route, market borrowings by National Highways Authority of India (NHAI) and private sector investment are also viable sectors.

“The estimated share of private sector investment and expected monetization through Toll-Operate-Transfer route during this period are about Rs 1,06,000 crore”.

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