| Feb 3, 2018, 04:33 IST
NEW DELHI: The government will do away with the fixed share of funds for Road, rail and waterways, and also for the states that they used to get from fuel cess.
Proposing an amendment to the Central Road Fund Act, the Budget aims to create a corpus named ‘Central Road and Infrastructure Fund’.
A committee under FM Arun Jaitley will decide the share for infrastructure projects depending on priority. The fund will be used for a host of infrastructure projects — from roads and bridges to ports, shipyards, and waste management.


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