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News18 » Business
1-min read

No Dearth of Money, Plan to Spend Rs 5 Lakh Crore on Infrastructure, Says Nitin Gadkari

Nitin Gadkari was speaking at the inaugural function of the Diamond Jubilee celebrations of Visvesvaraya National Institute of Technology (VNIT) in Nagpur in Maharashtra.

PTI

Updated:January 19, 2020, 4:02 PM IST
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No Dearth of Money, Plan to Spend Rs 5 Lakh Crore on Infrastructure, Says Nitin Gadkari
File photo: Union Minister Nitin Gadkari at News18 Chaupal.

Nagpur: Union Minister for Road Transport and Highways Nitin Gadkari on Sunday said his ministry planned to spend Rs 5 lakh crore on infrastructure development this year.

He was speaking at the inaugural function of the Diamond Jubilee celebrations of Visvesvaraya National Institute of Technology (VNIT) in Nagpur in Maharashtra.

"In the last five years, I have awarded contracts worth Rs 17 lakh crore. This year, I'm planning to touch Rs 5 lakh crore mark in spending on infrastructure development," Gadkari said.

"I want to tell you there is no dearth of money," he told the gathering.

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