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Record Rs 3.96 lakh cr allocation for infra sector to spur growth: Jaitley

PMGSY has received an allocation of Rs 19,000 crore

Megha Manchanda  |  New Delhi 

In an attempt to encourage multi-modal transportation Finance Minister Arun Jaitley on Wednesday said the government was in a position to synergise investments in rail, road and port sectors and has earmarked an allocation of Rs 3,96,135 crore for the infrastructure sector. Of the total budgetary support, highways sector alone would get an allocation of Rs 2,41,387 crore. The pace of road construction in the country has gone substantially up to 133 km per day in 2016-17, as against 73 km per day in 2013-14. Jaitley said habitations in the left wing extremist areas ...

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First Published: Wed, February 01 2017. 14:00 IST