FY25 budget may see slight increase in allocation for road construction, as govt. expects private investments to pick up
The increase in allocations may, however, be moderate, ranging from between 5% and 10% of the FY24 (revised estimate) levels as the government expects a significant increase in private money flowing into the sector. The government is anticipating an increase in private investments in road construction projects being awarded under the build-operate-transfer (BOT) toll model … Read more