Tag: infrastructure development in india

₹ 6 Lakh Cr Allocated To The Infra Sector
Calendar 08 Feb, 2018 | avirahi

₹ 6 Lakh Cr Allocated To The Infra Sector

The finance minister, Arun Jaitley, on Thursday claims that an investment of more than ₹ 50 lakh crore will be required to construct a network of roads, railways, airports, water ports and inland waterways. The budget of 2018-19 has allocated only ₹ 5.97 lakh crore for the building of infrastructure. The government says that it considers this sector as the driver of economic growth.
Mr. Arun Jaitley added the budget will increase the allocation from the estimated amount of ₹ 4.94 lakh crore in 2017-18. It is expected to increase the GDP growth.

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