HomeNewsBusinessUP budget earmarks Rs 3,194 cr for construction of expressways

UP budget earmarks Rs 3,194 cr for construction of expressways

A provision of Rs 600 crore for implementation of Infrastructure and Industrial Investment Policy-2012, Rs 482 crore for Industrial Investment and Employment Promotion Policy-2017 and Rs 120 crore has been allocated for Industrial Investment Promotion Scheme-2003.

February 07, 2019 / 14:21 IST
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Ahead of the upcoming Lok Sabha polls, the Uttar Pradesh government Thursday earmarked Rs 3,194 crore for the construction of expressways and Rs 13,135 crore for laying of roads in the state. Presenting the budget speech in the state assembly, Finance Minister Rajesh Agarwal said the Uttar Pradesh government has also earmarked Rs 3,522 crore for the maintenance of roads and expressways by the Public Works Department (PWD).

"For construction of expressways, a total budgetary provision of Rs 3,194 crore has been made in the budget for 2019-20. Out of the total provisioned amount - Rs 1,194 crore is for Purvanchal Expressway and Rs 1,000 crore each for Bundelkhand Expressway and Gorakhpur Link Expressway," Agarwal said.

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Besides Rs 500 crore is proposed for land acquisition to develop defence corridor along with Bundelkhand expressway and Rs 100 crore allocated for strengthening of the proposed Agra-Lucknow entry-controlled 6-lane expressway (Green Field) project, he said.

A provision of Rs 600 crore for implementation of Infrastructure and Industrial Investment Policy-2012, Rs 482 crore for Industrial Investment and Employment Promotion Policy-2017 and Rs 120 crore has been allocated for Industrial Investment Promotion Scheme-2003.