National Infrastructure Pipeline projected investment of Rs 111 lakh crore for FY20-25. Survey notes India needs continued stepping up of infra investment to sustain high growth rate.
While global headwinds remain, several factors due in large part to management of key sectors in last few years have placed India in strong position for remaining part of this decade.
Capital expenditure on railway infra was ₹2.5 lakh cr in FY23, up by about 29 per cent against previous yr. Construction of highways went up from 6,061 km in FY16 to 10,457 km in FY22.
Launched in 2018 to improve living standards in 117 most under-developed districts, survey said health, financial inclusion outcomes better than in many non-aspirational districts.
Enrolment in schools has improved at all levels except pre-primary. According to report, in 2021-22, 40% of country's schools had internet and 89.3% had electricity.
'We are seeing the success of Beti Bachao, Beti Padhao,' she said. The President addresses both Houses of Parliament on the first day of the budget session every year.
Finance Minister raised capex by 35.4% to continue the public investment-led recovery of the pandemic-battered economy. Last year, it stood at Rs 5.5 lakh crore.
This is due to the plateauing of exports and subsequent widening of the current account deficit. On Tuesday, the rupee depreciated 12 paise to 81.64 against the US dollar.
Data shows while states had budgeted a total of a little over Rs 7 lakh cr for capital outlay, only Rs 2.58 lakh cr was spent till Nov 2022. Andhra Pradesh was at bottom among big states.
The Centre is considering an increase in the National Company Law Tribunal's bench capacity, while the Standing Committee of Finance suggests fast-track courts.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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