Highways ministry spent just 40% funds in FY10
NEW DELHI: Reflecting a sluggish growth in construction of national highways, the surface transport ministry could utilise just about 40% of the Rs 30,000 crore allocated for 2009-10. Despite the inability to meet the target, the ministry, however, plans an annual borrowing of Rs 20,000 crore over the next 15 years to fund its ambitious programme of building 20 kilometers of road a day.
Publication Date:
20/05/2010