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Centre, states to spend Rs 1 lakh crore on rural roads

Centre, states to share the amount in 60:40 ratio to link unconnected rural habitations and upgrade existing roads till 2020

Road projects
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Road projects

Sanjeeb Mukherjee New Delhi
About 100,000 crore will be spent on building new roads, including in areas affected by the Left-wing extremism (LWE), and upgrading the existing ones as part of the Centre’s flagship Pradhan Mantri Gram Sadak Yojana (PMGSY).

According to officials in the know, of the proposed expenditure, around Rs 90,000 crore will be spent on the core programme (PMGSY 1 and 2) and will be spread over three years, starting with the current financial year. The Centre and states will share the amount in the ratio of 60:40. An additional Rs 11,000 crore will be spent by the Centre, also