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Capex on national highways increased from Rs 51,000 to Rs 2,40,000 cr in FY23: Gadkari

December 15, 2023
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Capex on national highways increased from Rs 51,000 to Rs 2,40,000 cr in FY23: Gadkari

by Blitz India Media
December 15, 2023
in News
nitin-gadkari

photo credit: newsonair.gov.in

New Delhi: Capital expenditure on National Highways has seen a significant increase from about Rs 51,000 crore in 2013-14 to more than Rs 2,40,000 crore in 2022-23, the Parliament was informed on December 14. In a written reply to a question in the Lok Sabha, Union Road Transport and Highways minister  Nitin Gadkari said budgetary allocation of the road ministry has increased from about Rs 31,130 crore in 2013-14 to Rs 2,70,435 crore in 2023-24.

“Such increased budgetary allocation led to expansion of the National Highway (NH) network in the country from about 91,287 km in March 2014 to about 1,46,145 km at present,” Gadkari added.

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Gadkari said the length of four-lane-plus NH network, including high-speed corridors, has increased by more than 250 per cent from about 18,371 km in March 2014 to about 46,179 km so far.

Tags: capital expenditureGadkarinational highways
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