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The committee headed by Yuvajana Sramika Rythu Congress Party (YSRCP) MP V Vijayasai Reddy has also recommended the development of helicopter ambulance landing facilities at toll plazas across the country in a bid to enable urgent medical assistance to accident victims | Latest News India
The 2.7% hike in the budget for road transport and highways will be committed to ongoing projects. The government plans to attract private investment through build-operate-transfer (BOT) and public-private-partnership (PPP) models, as well as asset monetisation. The government aims to bid out 54 road projects worth over ₹2.2 lakh crore. However, experts note that the real increase in capital expenditure is not more than 5% due to a 6% increase in construction material costs. The government aims to reduce travel time, enhance travel experience, and lower logistics costs.
The multibagger stock is in focus again after the company reported earnings for the first quarter of this financial year (FY24).
After front-loading tax devolution and funds for capital expenditure to states, the finance ministry is keeping a close watch on the utilisation of the funds by them, as it believes productive spending should not be curbed at any cost, said a senior official.
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