Finance Minister Nirmala Sitharaman on Tuesday retained the allocation to the state-owned National Highways Authority of India (NHAI) at ₹1.68 lakh crore for 2024-25.

Sitharaman, in her pre-election Budget earlier this year, had allocated ₹1.68 lakh crore to NHAI for 2024-25.

The Budget 2024-25 also retained the outlay of ₹2.78 lakh crore for the highways sector. The pre-election Budget 2024-25 document also had an 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 the National Highways and Infrastructure Development Corporation Ltd (NHIDCL) are primarily responsible for the construction of national highways and expressways in India.

Published on July 23, 2024