(GIST OF YOJANA) Infrastructure Creation: Integrating the Nation  [MARCH-2018]

(GIST OF YOJANA) Infrastructure Creation: Integrating the Nation


Infrastructure Creation: Integrating the Nation

The 2018-19 Union Budget recognizes a total allocation of Rs 5.97 trillion in infrastructure. This compares with an expected expenditure of Rs 4.94 trillion in 2017-18. The infrastructure allocations have not only been increasing in absolute terms, but also as a share of total budgetary allocation. The allocations have been going up in all the subsectors of infrastructure including railways, roads, aviation, etc. The single largest entity spend is for the Indian Railways. The thrust in the current budget has been on capacity creation, including track doubling, third and fourth line works; 5,000 km of gauge conversion; redeveloping 600 railway stations; and introduction of modern train-sets. The proposed gauge conversion would make the country broad gauge based unigauge system. The budget also has a special focus on suburban railways including Mumbai and Bengaluru.The spend on Mumbai would be part of Phase 3A of the Rs 0.55 trillion Mumbai Urban Transport Project (MUTP). The Union Budget includes a total outlay of Rs 1.21 trillion on road infrastructure. The spend is part of the approved Rs 5.35 trillion Bharatmala Project, which includes development of economic corridors, efficiency improvements on key national corridors; and border, coastal and port connectivity roads.

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Courtesy: Yojana