The allocation, at 3.4% of GDP, remains unchanged from the figure announced in interim budget in February, and is 11% higher than last year’s outlay of Rs 10 lakh crore.
Sectoral allocations for highways, railways show marginal increase in interim budget with experts hoping that the allocations will go up in the full budget expected in June-July.
Since GatiShakti National Master Plan hosts data on critical infra, work is on to put in place adequate safeguards to protect sensitive data, ensure cybersecurity says govt official.
The India Infrastructure Report 2023, released by former vice-president M. Venkaiah Naidu, calls for radical reforms in urban planning and development to address the issue of slums and sprawl.
According to International Monetary Fund’s World Economic Outlook, Indian govts spend about 28% of GDP, which is more than many countries. But greater spending hasn't delivered better infra.
PM told ministers, civil servants to look beyond 2024 & focus on completing infra projects. He also said parties' reckless competition of freebies had sidelined cause of nation building.
China's Ministry of Water Resources said the plan would 'unblock the major arteries' of the river system by 2035, boost irrigation and aid to cut the risk of floods and droughts
These were the battles we thought we’d already fought. The slow recognition that caste is a plague upon Indian society. The hard-won right to choose your own partner.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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