Monday, July 6, 2009

Budgetary support stepped up for Road Transport and Highways




General Budget-2009-10


To accelerate the process of economic development and remove inter-regional disparities, there has been a stress in today’s budget for the development and proper maintenance of the road network. The Budget was presented in Lok Sabha by Union Finance Minister, Shri Pranab Mukherjee today.  

This is indicated by the stepping up of budgetary support to give a thrust to investment in this crucial infrastructure sector. The expenditure provision from the Central Road Fund for the year 2009-10 are as below: 

(i) Grants to States Rs.1988.55 crores

(ii) Grants to States for Inter-State Rs.213.97 crores

and Economical Important Roads

(iii) Grants to UT Governments Rs.81.51 crores

(iv) Grants to UTs for Inter-State Rs.16.03 crores

and Economical Important Roads

(v) Investment in NHAI Rs.8578.45 crores

(vi) Railways Rs.958.36 crores

(vii) Rural roads Rs.4843.13 crores

Total Rs.16680.00 crores

 

Provision for Capital Outlay for National Highways other than Investment in National Highway Authority of India (NHAI) isRs.4140.55 crore and for the work executed by Border Road Development Board (BRDB) provision is Rs.550 crore (excluding NER component).

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