Moneycontrol PRO
HomeNewsBusinessEconomyBudget 2015 India: For the roads sector, Jaitley announced connecting each

Budget 2015 India: For the roads sector, Jaitley announced connecting each

For the roads sector, J"This will require completing 1,00,000 km of roads currently under construction plus sanctioning and building another 1,00,000 km of road," he said.aitley announced connecting each

February 28, 2015 / 15:34 IST

For the roads sector, Jaitley announced connecting each of the 1,78,000 unconnected habitations by all weather roads.

"This will require completing 1,00,000 km of roads currently under construction plus sanctioning and building another 1,00,000 km of road," he said.

Jaitley also said that there is a proposal for conversion of existing excise duty on petrol and diesel to the extent of Rs 4 per litre into Road Cess to fund investment in roads and other infrastructure.

Besides, an additional Rs 40,000 crore will be made available through this measure for these sectors, he said.

He said the North-East region has been accorded priority in the development process by two visits of Prime Minister and launch of important infrastructure projects.

first published: Feb 28, 2015 02:30 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347