Rs 5 lakh cr to be spent in infra, says Gadkari

Bengaluru: The government would spend a whopping Rs 5 lakh crore over the next two years in infrastructure projects to spur the economy and create thousands of jobs, Union Surface Transport Minister Nitin Gadkari said on Tuesday.
“We will spend Rs 2 lakh crore in infrastructure projects in this fiscal (2019-20) and Rs 3 lakh crore in the next fiscal (2020-21) to boost the economy and generate employment in thousands,” Gadkari said at a trade event here.
The minister said the National Highways Authority of India (NHAI) would lease land flanking the highways across the country for building petrol-filling stations, logistics parks, bus ways and parking plazas to generate Rs 30,000 crore annually from the transport ecosystem.
The five-day biennial event with the theme “Smart I-tech Next Gen India @75” is a convergent platform for showcasing advancements, innovations and latest developments in the constructions sector the world over.(IANS)