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Highways needs 19.63 lakh cr investment
Highlights
Terming a sound highways network essential to propel the economy, the Economic Survey on Friday said the highways sector needs Rs 19.63 lakh crore investment by 2024-25.
New Delhi: Terming a sound highways network essential to propel the economy, the Economic Survey on Friday said the highways sector needs Rs 19.63 lakh crore investment by 2024-25.
The Economic Survey 2019-20 was tabled in Parliament by Finance Minister Nirmala Sitharaman. Of the total Rs 102 lakh crore investment need for infrastructure projected by the National Infrastructure Pipeline (NIP), during 2020 to 2025, the highways sector will require Rs 19.63 lakh crore, the Survey said.
Total investment in the roads and highway sector has gone up more than three times in five-year period of 2014-15 to 2018-19, the Survey said.
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