India is pumping additional Rs 25,000 crore in road, rail and power – Feedback

The Indian government is planning to give an additional push of Rs 25,000 crore to roads, railways and power sectors and boost growth.

The ministries are in talks with the finance ministry, which has asked them to come up with the final list of projects that would require more allocation. The road ministry had sought Rs 15,000 crore as additional allocation, a senior official with the ministry told. The target for highway construction this fiscal is set at 15,000 km, which comes to 41 km a day. This ambitious target will cost the ministry around Rs 1.5 lakh crore. But, the total allocation that the road ministry got was Rs 57,000 crore in Budget 2016. The railway sector is likely to get a boost of Rs 12,000 crore, which has a target of building 7 km of rail lines per day.

http://www.businessinsider.in/India-is-pumping-additional-Rs-25000-crore-in-road-rail-and-power-to-boost-economy/articleshow/52953458.cms

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