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Indian Government Plans Mega Infrastructure Push-2020 China(Guangzhou)Int’l Metal & Metallurgy Exhibition-metal exhibition
1/3/2020 金属展-冶金展-钢铁展-steel expo-metal &metallurgy expo- |
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India’s Finance minister Ms Nirmala Sitharaman has unveiled INR 102 lakh crore infrastructure investment plan for the next five years
While the Centre and the states will equally split 78% of the proposed investments, the remaining 22% will come from the private sector with non-government participation expected to increase in the coming years. The mega investment plan will see the Centre’s capital outlay for infrastructure almost treble from an estimated INR 3.5 lakh crore in 2018-19 to close to INR 10 lakh crore by 2024-25. Similarly, budgetary allocation is projected to increase from INR 1.4 lakh crore to over INR 4 lakh crore during the same period.
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