Budget 2024: Finance Minister retains allocation to NHAI at ₹1.68 lakh crore

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

Updated - July 23, 2024 05:02 pm IST

Published - July 23, 2024 03:42 pm IST - New Delhi

Image used for representative purpose only

Image used for representative purpose only | Photo Credit: H.S. Manjunath

Finance Minister Nirmala Sitharaman on July 23 retained the allocation to state-owned National Highways Authority of India (NHAI) at ₹1.68 lakh crore for 2024-25.

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

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

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Budget 2024: Finance Minister retains allocation to NHAI at ₹1.68 lakh crore

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