Finance Minister Maintains ₹1.68 Lakh Crore Allocation for NHAI in 2024 Budget
Budget 2024 Overview
The Indian government has unveiled its Budget for the fiscal year 2024-25, with significant allocations aimed at driving growth and development.
NHAI Funding Retained
- Allocation Amount: ₹1.68 lakh crore
- Organization: National Highways Authority of India (NHAI)
- Purpose: Infrastructure development and road maintenance
The Finance Minister, Nirmala Sitharaman, has emphasized that this retention of funds reflects the government's ongoing commitment to enhancing road infrastructure, which is vital for economic growth.
Conclusion
With a firm budgetary allocation for the NHAI, the Finance Ministry aims to ensure the continued improvement of India's highway system. This approach is expected to foster better connectivity, which is essential for economic expansion.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.