Budget 2021: The Finance Minister said that he is rationalizing the customs duty on gold and silver to bring it closer to the previous levels.
Finance Minister Nirmala Sitharaman has made a big announcement about the public transport system in the general budget. The Finance Minister has said that several schemes will be launched to improve the transport system.
- Last Updated:February 2, 2021, 1:06 AM
Will complete 11000 km of National Highway Corridors
The Finance Minister said that by March 2022 we will award another 8500 km contract and complete 11000 km of National Highway Corridors. There is also a plan for an economic corridor to enhance road infrastructure. Finance Minister Nirmala Sitharaman said that I am allocating a record amount of Rs 1,10,055 crore for Railways, of which Rs 1,07,100 crore is for capital expenditure only.
Public transport system will be developed – FM
Roads will become more in these states
Mumbai-Kanyakumari National Highway will be built. 3500 km of highways will be built in Tamil Nadu at a cost of 1 lakh crore. Kerala 1100 kilometer highway will be constructed at a cost of 65000 crores. 25 thousand crores has been allocated for road projects in West Bengal.
30 thousand buses will be run from private sector
With this, the Finance Minister said that 30 thousand buses will be run from the private sector. The Finance Minister said that 1016 km metro line will be operational in 27 cities. There is an additional provision of 118101 crore for the Ministry of Road Transport in the current financial year.
Under the National Highway Schemes, the 1100 km National Highway Works will be in Kerala.
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Under the National Highway schemes, 1100 km long National Highway Works will be in Kerala. 65 thousand crore rupees will be spent on this. The Mumbai-Kanyakumari Corridor will be part of it. At the same time, 6500 km of highway will be built in Bengal. 25 thousand crore rupees will be spent on this. It also includes improvement of Kolkata-Siliguri road. The Finance Minister said that more than 3 thousand kilometers of roads have been built under the Bharatmala Project. 8 thousand kilometer contract will be given by March.