MoRTH to cross Rs 1.5 lakh crore funding mark

12 Jan 2022 CW Team

The Ministry of Road Transport and Highways (MoRTH) will obtain a record high allocation in the forthcoming Union budget, with the planned capital outlay likely to touch the Rs 1.5 lakh crore mark.

It would be the highest ever allocation for the ministry yet. On February 1, Finance Minister Nirmala Sitharaman is scheduled to submit the Budget for the financial year 2022-23.

In FY22, the capital outlay for MoRTH was Rs 1.18 lakh crore. In the financial year 2022-23, the outlay may be Rs 1.8 lakh crore, crossing the Rs 1.5 lakh crore mark for the first time.

The development comes amid work going on the central government’s ambitious umbrella highway development scheme - Bharatmala Pariyojana Phase-I. The integrated project comprises construction of approximately 26,000 km length of economic corridors the North-South and East-West (NS-EW) and Golden Quadrilateral (GQ) strived to ease movement of freight traffic in the nation.

Several greenfield expressways and other road projects are being planned in the poll-bound states such as Punjab, Uttarakhand, Goa, Uttar Pradesh. Thus, these projects in these states are additionally likely to be specified in the Union budget in 2022.

The rise in budget allocation for the ministry is meaningful as the government plans to implement infrastructure projects of Rs 7 lakh crore over the coming 2-3 years. Nearly 8,400 km of greenfield expressways are being constructed as part of the Bharatmala Pariyojana initiative. The projects including a length of 19,265 km have been granted for Rs. 5,60,216 crore. Of which, approximately 6,750 km has been achieved.

According to the ministry data, approximately 4,076 man-days or nearly 15.5 man-years of employment is needed for the construction of one kilometre of the national highway. It means it would take approximately 14.2 crore man-days or 5.37 lakh man-years of employment for the execution of Bharatmala Pariyojana.

Image Source

The Ministry of Road Transport and Highways (MoRTH) will obtain a record high allocation in the forthcoming Union budget, with the planned capital outlay likely to touch the Rs 1.5 lakh crore mark. It would be the highest ever allocation for the ministry yet. On February 1, Finance Minister Nirmala Sitharaman is scheduled to submit the Budget for the financial year 2022-23. In FY22, the capital outlay for MoRTH was Rs 1.18 lakh crore. In the financial year 2022-23, the outlay may be Rs 1.8 lakh crore, crossing the Rs 1.5 lakh crore mark for the first time. The development comes amid work going on the central government’s ambitious umbrella highway development scheme - Bharatmala Pariyojana Phase-I. The integrated project comprises construction of approximately 26,000 km length of economic corridors the North-South and East-West (NS-EW) and Golden Quadrilateral (GQ) strived to ease movement of freight traffic in the nation. Several greenfield expressways and other road projects are being planned in the poll-bound states such as Punjab, Uttarakhand, Goa, Uttar Pradesh. Thus, these projects in these states are additionally likely to be specified in the Union budget in 2022. The rise in budget allocation for the ministry is meaningful as the government plans to implement infrastructure projects of Rs 7 lakh crore over the coming 2-3 years. Nearly 8,400 km of greenfield expressways are being constructed as part of the Bharatmala Pariyojana initiative. The projects including a length of 19,265 km have been granted for Rs. 5,60,216 crore. Of which, approximately 6,750 km has been achieved. According to the ministry data, approximately 4,076 man-days or nearly 15.5 man-years of employment is needed for the construction of one kilometre of the national highway. It means it would take approximately 14.2 crore man-days or 5.37 lakh man-years of employment for the execution of Bharatmala Pariyojana. Image Source

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Infrastructure Urban

09 Jan 2026

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..