During Question Hour in Rajya Sabha, Union Minister Nitin Gadkari said the Government has allocated a total Gross Budgetary support of Rs 46,834 crores including cess and toll remittance for 2016-17 for the Road, Transport and Highways Ministry.
In addition, internal and extra budgetary resources of Rs 59.279 crores have also been allowed to be raised for highways in 2016-17.
For the Ministry of Shipping, the Government has allocated a total gross budgetary suport of Rs 1,531 crore. In addition, internal and extra budgetary resources of Rs 3,183 crores has also been allowed.
“There is a proposal to spend around Rs 7 lakh crores to develop National Highways of around 50,000 kilometres in the next 5 years. For Sagarmala port development, the project cost is Rs 73,375 crore and in respect of Sagarmala port modernisation it is Rs 9,891 crore,” he said.
PTI