What was the estimated capital expenditure of the Ministry of Road Transport and Highways in India for the financial year 2024-25?​

Correct option is B

The correct answer is (B) ₹2.72 lakh crore

Explanation:

• The Ministry of Road Transport and Highways (MoRTH) allocated a capital expenditure of ₹2.72 lakh crore for the financial year 2024–25.
• This allocation is a 90% increase from ₹1.42 lakh crore in FY 2019–20, reflecting the government's commitment to enhancing road infrastructure.
• The capital expenditure encompasses both budgetary support and private investment, including funds raised through asset monetization and other financial instruments.

Information Booster:

• The National Highways Authority of India (NHAI), a key agency under MoRTH, was allocated ₹1.68 lakh crore for FY 2024–25, accounting for 61% of the total expenditure.
• NHAI's capital expenditure for FY 2024–25 reached an all-time high of ₹2.5 lakh crore, marking a 21% increase from the previous fiscal year.
• The increased allocation aims to expedite the development of National Highways, expressways, and high-speed corridors, contributing to economic growth and improved connectivity.