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India’s highway development sees 90% capex boost in 5 years: MoRTH
short by System User / on Wednesday, 4 September, 2024
Secretary MoRTH has highlighted that capex allocation for the department has surged by 90% from Rs 1.42 lakh crore in FY20 to Rs 2.72 lakh crore in FY25. The average annual construction rate of highway development is 2.4 times higher in 2014-2024 from 2004-2014. This increase underscores government's focus on building robust infrastructure to meet needs of a growing economy.
read more at Logistics Outlook