* In FY22 (until December 2021) 5,835 kms of highway was constructed across India.
* In FY22, automobile production (comprising passenger vehicles, three-wheelers, two-wheelers and four-wheelers) stood at 22,933,230 units.
* The Government aims to construct 65,000 kms of national highways at a cost of Rs. 5.35 lakh crore (US$ 741.51 billion) by 2022.
* Andhra Pradesh will spend US$ 296.05 million to build 8,970 kms of roads.
* To transform road infrastructure in Punjab, Haryana and Rajasthan, the Indian government has planned to construct roads extending 313 kms for Rs. 11,000 crore (US$ 1.48 billion).
* Transfer from National Investment Fund (NIF) was estimated at Rs. 20,000 crore (US$ 2.61 billion) as of March 2022.
* Under the Union Budget 2022-23, the Government of India has allocated Rs. 199,107.71 crore (US$ 26.04 billion) to the Ministry of Road Transport and Highways.
* In October 2021, the government issued a notice related to concessions under the Vehicle Scrapping Policy (effective from April 2022) to encourage vehicle owners towards discarding old vehicles which have higher fuel consumption costs.
Ibef Organic Indian Pavilion BIOFACH2022 July 26th-29th, 2022 | Nurember...
Introduction The Government of India's objective of making India a US$...
Overview of Agriculture in India Agriculture plays a significant role in I...
Introduction India is the world's second-largest digital economy in te...