Highway Ministry Front-Loads 20% Capex
ROADS & HIGHWAYS

Highway Ministry Front-Loads 20% Capex

The Ministry of Road Transport and Highways has sustained its strategy of front-loading capital expenditure, allocating 20% of its budget in April. This proactive approach signals the ministry's commitment to accelerating infrastructure development and stimulating economic growth.

Despite challenges posed by the ongoing pandemic, the ministry has prioritised infrastructure spending to bolster the country's transportation network. By front-loading capital expenditure, the ministry aims to expedite the execution of highway projects and address critical infrastructure needs across the nation.

The allocation of 20% of the ministry's budget in April underscores the importance of infrastructure investment in driving economic recovery and job creation. It reflects the government's determination to leverage infrastructure development as a key driver of post-pandemic growth.

The Ministry of Road Transport and Highways' continued focus on front-loading capital expenditure demonstrates its proactive approach towards infrastructure development. By accelerating project implementation, the ministry aims to create multiplier effects, stimulating demand in allied sectors and fostering economic revitalization.

The ministry's efforts to maintain high capital expenditure in April are expected to yield tangible benefits in terms of improved connectivity, reduced travel times, and enhanced road safety. The strategic allocation of funds reflects the government's unwavering commitment to enhancing the country's transportation infrastructure.

As the Ministry of Road Transport and Highways sustains its momentum in infrastructure spending, it reaffirms its role as a catalyst for economic growth and development. The front-loading of capital expenditure underscores the ministry's proactive stance in driving India's infrastructure agenda forward.

The Ministry of Road Transport and Highways has sustained its strategy of front-loading capital expenditure, allocating 20% of its budget in April. This proactive approach signals the ministry's commitment to accelerating infrastructure development and stimulating economic growth. Despite challenges posed by the ongoing pandemic, the ministry has prioritised infrastructure spending to bolster the country's transportation network. By front-loading capital expenditure, the ministry aims to expedite the execution of highway projects and address critical infrastructure needs across the nation. The allocation of 20% of the ministry's budget in April underscores the importance of infrastructure investment in driving economic recovery and job creation. It reflects the government's determination to leverage infrastructure development as a key driver of post-pandemic growth. The Ministry of Road Transport and Highways' continued focus on front-loading capital expenditure demonstrates its proactive approach towards infrastructure development. By accelerating project implementation, the ministry aims to create multiplier effects, stimulating demand in allied sectors and fostering economic revitalization. The ministry's efforts to maintain high capital expenditure in April are expected to yield tangible benefits in terms of improved connectivity, reduced travel times, and enhanced road safety. The strategic allocation of funds reflects the government's unwavering commitment to enhancing the country's transportation infrastructure. As the Ministry of Road Transport and Highways sustains its momentum in infrastructure spending, it reaffirms its role as a catalyst for economic growth and development. The front-loading of capital expenditure underscores the ministry's proactive stance in driving India's infrastructure agenda forward.

Next Story
Real Estate

We are executing data-centre projects in MMR region: Paradigm Realty

Certain areas of Mumbai showcase tremendous opportunity for redevelopment, as Parthh K Mehta, CMD, , explains. He speaks about his company’s plans for this region, adherence to quality, use of technology and its strategies and plans for data centres and further expansion going forward. Excerpts:According to a Knight Frank India report, there's been a noteworthy rise in property registrations in Central and South Mumbai and Bandra and Worli showcase the opportunity for redevelopment. Does the group have any plans for this region? We recognise that Mumbai as a city is continuall..

Next Story
Real Estate

Windows to world

India’s current crop of tall and super tall buildings has an advantage over predecessors: openable windows. Codal provisions and ensuing market developments are behind this change. “Until a decade or so ago, we lacked designs and products enabling openable windows for glass façades,” explains Rajan Govind, Director, Facade+Construction Tech Specialist, BES Consultants. “It is only more recently that the National Building Code 2016 has released detailed façade requirements, which make openable windows mandatory.”The National Building Code 2016 mandates 10 per cent openable..

Next Story
Real Estate

New Terminal Building – Kolhapur Airport

On 10 March 2024, Prime Minister Narendra Modi officially inaugurated the new terminal building at Kolhapur Airport. The terminal is part of a broader development initiative valued at about Rs 2.56 billion, which includes the construction of the terminal, runway extensions, new apron and parking bays. Designed by Gian P Mathur Architects & Planners (GPM), the terminal's architecture draws inspiration from Kolhapur’s heritage and has earned a four-star GRIHA rating.Design and featuresDiscussing the design brief, Anil Shinde, Kolhapur Airport Director, Airports Authority of India (AAI), sa..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000