Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Politics / Policy/  Arun Jaitley allocates Rs19,000 crore under rural roads scheme
BackBack

Arun Jaitley allocates Rs19,000 crore under rural roads scheme

Together with the contribution of the states, the government will spend Rs27,000 crore on rural roads in FY17, says the finance minister

Photo: ReutersPremium
Photo: Reuters

New Delhi: Finance minister Arun Jaitley allocated 19,000 crore for the rural roads programme under the Pradhan Mantri Gram Sadak Yojana for rural development, while presenting the Union budget on Monday.

“Together with the contribution of the states, we will be spending 27,000 crore (on rural roads) in 2016-17," Jaitley said.

In all, 230,000km of roads have been constructed so far since the programme was launched in 2000, the minister said.

The aim of the project is to connect the 65,000 villages and habitations still unconnected by roads, he said.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 29 Feb 2016, 12:01 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App