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Home > All news > Economy, Roadways > MoRTH hits 20% of capital expenditure target in April 2024

MoRTH hits 20% of capital expenditure target in April 2024

May 17, 2024
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NEW DELHI : Despite being slow on award of projects in the second half of 2023, the Ministry of Road Transport and Highways (MoRTH) continued with front-loading of capital expenditure, as it spent over Rs 54,500 crore for building new highways in April this year. 

The ministry has met 20.04 per cent of its capex target with 11 months remaining, Morth said in its monthly report to the Union Cabinet. The ministry has been among the front runners in early execution of capex, a strategy adopted by the finance ministry to ensure that infrastructure creation . . .

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