MoRTH Allocated ₹2.78 Lakh Crore for FY 2024-25

Previously, the outlay for the highways ministry and NHAI stood at ₹2.70 lakh crore and ₹1.62 lakh crore, respectively. However, this allocation has been revised to ₹2.76 crore for the ministry and ₹1.67 lakh crore for NHAI.
The total net allocation for the budget estimate of 2024-25 amounts to ₹2,84,000 crore, with an additional ₹6,000 crore to be sourced from the Central Road and Infrastructure Fund for road works financing.
Vinay Kumar G, Vice President & Sector Head - Corporate Ratings, ICRA, commented, "Capital allocation for the Ministry of Road Transport & Highways has seen a modest 3% increase, indicating the government's continued focus on the road sector. This enables the ministry to meet completion targets for Bharatmala and the National Infrastructure Pipeline. NHAI's budget remains unchanged from the previous year, with the government maintaining its nil borrowing program."