HomeNewsOpinionBudget 2024 must focus on these six areas of transport infrastructure 

Budget 2024 must focus on these six areas of transport infrastructure 

Very important but not so glamorous aspects of transport infrastructure like road and rail safety, streamlining railway operations for faster average speeds, and passenger train cleanliness can serve as a “limit to growth” without adequate investments. Budgetary focus in these areas will help

January 31, 2024 / 19:22 IST
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We expect Government's capex push to continue

The budgets have rightly focused on infrastructure development, which is an important choke point for economic development. It is expected that for budget 2024-25, we will reach allocations of nearly Rs 3 trillion each for rail and road sectors, two of the critical connectivity infrastructure.

Line ministries and the PMO/Niti Ayog oversight must also be commended for the focus on execution of projects. The Gati Shakti National Master Plan is potentially a significant initiative in speeding up project approvals and execution by enabling inter ministerial coordination.

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However, there are important focus areas that need more attention. We describe six areas below which need a lot more attention and investments than they are getting.

1. Road Safety: With annual fatalities of over 150,000 and rising, our road safety record is abysmal. Budgets need to spend a lot more on safety integrated road design, construction management, roadside furniture and signages, traffic management and post accident support facilities. The safety focus is applicable not only for new construction, but also existing roads.