With the Union Budget 2020 to be presented by the Finance Minister in about two weeks time, the infrastructure sector has high expectations from the government.
Sukhbir Singh Sandhu, Chairman, NHAI said they expect good things in the budget for infrastructure sector, since the government is well aware that the sector needs a push.
Most of the time, whatever we need, government support is provided. We also have a target for borrowings. So we are quite optimistic that our needs will be met, he said, adding that next year they are looking at borrowing about Rs 65,000 crore.
When asked if they were on track for FY20 with regards to executions, the awards and their plans for FY21, Sandhu said they would be meeting their target. “Whatever target was given for award of the project, construction and financial target, we are achieving it for this year,” he said, adding that for next year they have plan of spending more than Rs 1 lakh crore on highways for land acquisitions.