Higher outlay for roads to push ongoing projects; pvt funds to pave a new path

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The 2.7% hike in the budget for road transport and highways will be committed to ongoing projects. The government plans to attract private investment through build-operate-transfer (BOT) and public-private-partnership (PPP) models, as well as asset monetisation. The government aims to bid out 54 road projects worth over ₹2.2 lakh crore. However, experts note that the real increase in capital expenditure is not more than 5% due to a 6% increase in construction material costs. The government aims to reduce travel time, enhance travel experience, and lower logistics costs.

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Vinayak Chatterjee , Jagannarayan Padmanabhan , Infravision Foundation , Nirmala Sitharaman , Budgetary Allocation , Broad Sector , Projects , Government , Infrastructure , Highways , Investment , Transport ,

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