• HOME
  • ABOUT US
  • SUBSCRIBE
  • ADVERTISE
  • FEEDBACK
  • E-NEWSLETTER
  • CONTACT US
91-22-24193000
Subscriber@ASAPPinfoGlobal.com
Infrastructre Today
Advertise Here [728px W x 90px H pixels]
  • BEST STORIES
  • INTERVIEWS
  • SPECIAL
  • POLICY UPDATES
  • EVENTS
  • FINDEX
  • ARCHIVES
  • Covid-19 Updates
Infrastructure Today Magazine | Budget 2016: Total outlay for roads and railways to be Rs.2,18,000 cr

Budget 2016: Total outlay for roads and railways to be Rs.2,18,000 cr

Transport Update  /  Mar 01, 2016

Presenting the Union Budget on February 29, Finance Minister Arun Jaitley announced that the total outlay for road and rail development would add up to Rs.2,18,000 crore this fiscal. He said that Rs.55,000 crore is the budgetary allocation for development of roads in 2016-17 and Rs.15,000 crore is to be raised through government bonds. This added up to Rs.70,000 crore. However, taken together with the Gram Sadak Yojana, the monies goes up to Rs.97,000 crore. After adding the same to the outlay by the Railways for development of rolling stock and track, the total outlay stands at `2,18,000 crore. Jaitley said that 10,000 km of national highways is to be flagged off in 2016-17 and 15,000 km of state highways will be taken up by the Centre from the states for development.

Tags Cloud
  • Union Budget
  • Arun Jaitley
  • Road
  • Rail
  • Gram Sadak Yojana
Advertise Here [468 W x 60 H pixels]
YOU MIGHT ALSO LIKE

Comments (0)

Leave a comment

Name *
E-mail *
Message *
Verification Code *
  Change Image

Loading ...
Subscribe to our Magazine | Newsletter
Social
Become a fan
Like
Follow us
Follow
RSS
Subscribers
Most commented
1Our contribution to IRE has doubled in 2 years
1'Lenders' concern - risky execution in highway concessions
1About 1.3 per cent of land in India gets converted into wasteland every year
Latest Comments
1
Three Lines Shipping says:
Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
2
kishore tamidela says:
Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
Advertise Here [300px W x 600px H pixels]

Posts Categories

  • BEST STORIES
  • INTERVIEWS
  • SPECIAL
  • POLICY UPDATES
  • SECTORS
  • EVENTS
  • FINDEX
  • ARCHIVES

Twitter Feeds

Tweets by @InfraToday

Contact Us

ASAPP Info Global Services Pvt Ltd.

A-303, Navbharat Estates,
Zakaria Bunder Road,
Sewri (West),
Mumbai - 400 015,
Maharashtra, India


Tel : 91-22-24193000, Fax : 91-22-24175734
Email : Subscriber@ASAPPinfoGlobal.com
Website: www.ASAPPInfoGlobal.com
  • HOME
  • ABOUT US
  • SUBSCRIBE
  • ADVERTISE
  • FEEDBACK
  • E-NEWSLETTER
  • PARTNERS
  • PRESS
  • CONTACT US

© COPYRIGHT 2019 ASAPP Info Global Services Pvt Ltd. All Right Reserved.

Infrastructure Today

India's Premier Magazine for Nation Builders