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          <h1>Finance Act 2018 amends Central Road Fund Act 2000, expanding scope to include broader infrastructure projects under Schedule II.</h1> The amendments to the Central Road Fund Act, 2000, as outlined in the Finance Act, 2018, transform the Central Road Fund into the Central Road and Infrastructure Fund. This change expands the fund's scope to include development and maintenance of national highways, railway projects, state and rural roads, and other infrastructure. Key amendments include renaming sections, modifying fund allocation processes, and defining infrastructure projects in a new Schedule II. The Central Government is empowered to amend project categories and manage fund allocation, with a committee headed by the Finance Minister overseeing fund distribution based on project priorities.

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