Projects worth Rs 3 trn to be awarded by road ministry in 3 months: Gadkari

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Projects worth Rs 3 trn to be awarded by road ministry in 3 months: Gadkari - Business Standard

Quick Summary:

Road Transport and Highways Minister Nitin Gadkari on Thursday said his ministry will award road contracts worth Rs 3 lakh crore within three months and close the current financial year with contracts worth Rs 5 lakh crore.

Addressing an event here, Gadkari said because of the Lok Sabha elections and the model code of conduct, the speed of awarding road projects was slow in the initial months of the current financial year.

"I assure you, within three months, we will finalise the (road) contracts more than Rs 3 lakh crore, and our target is to award over Rs 5 lakh crore of (road) contracts by March 2025," he said.