The government’s endeavour for world-class infrastructure will continue unabated with commitment to pump in another Rs 15 lakh crore in the highways sector in this five-year term, says Nitin Gadkari, the man in charge of India’s infrastructure.
Armed with the new Motor Vehicles Act, e-tolling and instruments like InvIT, for Road Transport and Highways Minister Gadkari “funds have never been a problem or will be a problem” when it comes to highways or infrastructure building.
“We have spent Rs 17 lakh crore in the highways and shipping sectors combined in the last five years…Coming five years will see infusion of Rs 15 lakh crore in highways sector alone to provide world-class roads including 22 green expressways,” Gadkari told PTI in an interview here.
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The minister said with e-tolling coming into force, the toll income alone will cross Rs 8,000 crore per annum as ever since the FASTag system has been made mandatory at national highways, toll income has seen a jump of Rs 25 crore per day.
Source: Economic Times
