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<h1>India's Road Ministry Budget Up 14% for 2012-13; Focus on PPPs and Highway Expansion via External Borrowings.</h1> The Ministry of Road Transport and Highways in India received a 14% budget increase, totaling Rs. 25,360 crore for 2012-13. The Finance Minister announced the allowance of External Commercial Borrowings for capital expenditure on toll roads' maintenance and operation, aiming to boost public-private partnerships in the road sector. A target of constructing 8,800 km of highways under the National Highways Development Project (NHDP) for 2012-13 was set, with 7,300 km of projects expected to be awarded in 2011-12, a 44% rise from the previous year. Out of 44 projects awarded in 2011-12, 24 achieved a premium.