Highway Construction Targets Lowered FY25
ROADS & HIGHWAYS

Highway Construction Targets Lowered FY25

The Indian government plans to lower highway construction targets for the fiscal year 2024-25, despite a growth agenda post-elections. This decision comes amid various challenges such as financial constraints and the need for re-evaluation of current infrastructure projects. While the government remains committed to infrastructure development, this adjustment indicates a more pragmatic approach to meeting the nation's needs.

The reduction in targets does not signify a lack of progress but rather a strategic recalibration. The focus is on prioritizing quality over quantity, ensuring that ongoing projects are completed efficiently and within budget. This move is also seen as a response to the need for better allocation of resources and addressing bottlenecks that have previously hindered project completion.

Financial challenges, including funding gaps and increased costs of raw materials, have influenced this decision. By lowering targets, the government aims to optimize the use of available resources and avoid overstretching its capabilities. This approach allows for a more sustainable development pace, aligning with long-term economic goals.

Additionally, the post-election scenario necessitates a reassessment of priorities. The government aims to balance immediate infrastructure needs with future growth plans. This period provides an opportunity to address any inefficiencies in the current system and implement reforms that could streamline project execution.

Despite the lowered targets, the commitment to infrastructure growth remains strong. The government is expected to continue investing in key projects that promise significant economic benefits and enhance connectivity across the country. Strategic projects that align with broader developmental goals will likely receive continued support.

In conclusion, the adjustment of highway construction targets for FY25 reflects a strategic, realistic approach to infrastructure development, balancing immediate needs with long-term growth objectives.

The Indian government plans to lower highway construction targets for the fiscal year 2024-25, despite a growth agenda post-elections. This decision comes amid various challenges such as financial constraints and the need for re-evaluation of current infrastructure projects. While the government remains committed to infrastructure development, this adjustment indicates a more pragmatic approach to meeting the nation's needs. The reduction in targets does not signify a lack of progress but rather a strategic recalibration. The focus is on prioritizing quality over quantity, ensuring that ongoing projects are completed efficiently and within budget. This move is also seen as a response to the need for better allocation of resources and addressing bottlenecks that have previously hindered project completion. Financial challenges, including funding gaps and increased costs of raw materials, have influenced this decision. By lowering targets, the government aims to optimize the use of available resources and avoid overstretching its capabilities. This approach allows for a more sustainable development pace, aligning with long-term economic goals. Additionally, the post-election scenario necessitates a reassessment of priorities. The government aims to balance immediate infrastructure needs with future growth plans. This period provides an opportunity to address any inefficiencies in the current system and implement reforms that could streamline project execution. Despite the lowered targets, the commitment to infrastructure growth remains strong. The government is expected to continue investing in key projects that promise significant economic benefits and enhance connectivity across the country. Strategic projects that align with broader developmental goals will likely receive continued support. In conclusion, the adjustment of highway construction targets for FY25 reflects a strategic, realistic approach to infrastructure development, balancing immediate needs with long-term growth objectives.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?