Opinion

Road Sector unlikely to be affected by expansion of allocations under Central Road Fund to other subheads
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Road Sector unlikely to be affected by expansion of allocations under Central Road Fund to other subheads
With the recent hike proposed towards the sub-sectors under the Central Road Fund (CRF), allocations to roads and highways would remain unaffected, even as the allotment would now depend on priority of the infrastructure projects. Experts believe, given the high fund requirements for the ambitious new road development programmes, surplus for other sectors is expected to remain minimal

The Finance Bill, 2018, has significantly expanded the scope of deployment of the Central Roads Fund, starting with national waterways in June 2017 and by adding other infrastructure sub-sectors (as per the revised harmonised master list of infrastructure sub-sectors as of April 2016). So, the CRF was renamed as the Central Road and Infrastructure Fund (CRIF). Read more

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