Advertisement
Union Budget 2023: FM Increases Allocation to NHAI to Rs 1.62 Lakh Crore for FY24
The Union Budget 2023-24 has allocated an enhanced outlay of Rs 2.70 lakh crore for the highways sector.
 "Union Budget 2023: FM Increases Allocation to NHAI to Rs 1.62 Lakh Crore for FY24")
File Photo - FM Nirmala Sitharaman increased allocation to the NHAI.
- FM announced Rs 1.62 lakh crore for 2023-24.
- The Union Budget has allocated an enhanced outlay of Rs 2.7 lakh crore.
New Delhi: With the government betting big on infrastructure, finance minister Nirmala Sitharaman on Wednesday increased allocation to the state-owned National Highways Authority of India (NHAI) to Rs 1.62 lakh crore for 2023-24 from last year's revised allocation of Rs 1.42 lakh crore.
The Union Budget 2023-24 has allocated an enhanced outlay of Rs 2.70 lakh crore for the highways sector. (Also Read: Adani Enterprises Shares Nosedive 27%)
An allocation of Rs 1.99 lakh crore was made for the highways sector for 2022-23, which was revised to Rs 2.17 lakh crore. (Also Read: Union Budget 2023: Budgetary Allocation for Food & Public Distribution Department Cut by 30%)
NHAI and National Highways and Infrastructure Development Corporation Ltd (NHIDCL) are primarily responsible for the construction of national highways and expressways in India.
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.
