July 15, 2020 12:40 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India-EU Summit will strengthen economic and cultural linkages: PM Narendra Modi | Assam COVID-19 tally surges to 18,666, death toll mounts to 46 | I am not joining BJP: Sachin Pilot | Donald Trump rescinds foreign students order, drops new visa rules objected by top universities | India witnesses biggest single-day spike in Covid-19 cases with over 30,000 cases in 24 hours

Infra investment goes up by Rs.70,000 Crore

India Blooms News Service | | 28 Feb 2015, 04:06 pm
New Delhi, Feb 28(IBNS) Union Finance Minister Arun Jaitley has proposed an increase in investment in infrastructure by Rs. 70,000 crore in 2015-16 over the year 2014-15 from the Centre’s funds and resources of CPSEs.

Presenting the General Budget for 2015-16 in the Lok Sabha on Saturday,  the Finance Minister said the present state of infrastructure does not match the growth ambitions.

Keeping this need in mind, he increased outlay on both the roads and the gross budgetary support to the Railways by Rs. 14,031 crore and Rs. 10,050 crores respectively.

The CAPEX of the public sector units is expected to be Rs.3,17,889 crores, an increase of approx. Rs. 80,844 crores over RE 2014-15. 

Related Videos
India gives companies $20.5 bln tax break 24 Sep 2019, 05:19 pm