Nagpur, Jan 19 (UNI) Union Minister for Road Transport and Highways Nitin Gadkari on Sunday said his ministry has planned to spend Rs 5 lakh crore on infrastructure development in the financial year 2020.
Speaking at the inaugural function of the Diamond Jubilee celebrations of Visvesvaraya National Institute of Technology (VNIT) here Mr Gadkari said, "We gave contracts worth Rs 17 lakh crore in the last five years. And this year we are planning to target to allot Rs 5 lakh crore on infrastructure development, Gadkari said, adding there is no dearth of money.
Mr Gadkari was trying to dispel concerns about the NHAI, saying his ministry is not under any financial strain.