Thrust in ensuring 24-hour electricity access to all rural households under the Saubhagya and DUGJY schemes is likely to boost energy demand to some extent as well as improve the quality of life for rural households.
Author: admin (Infratructure Today)
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Post Budget Analysis | Housing Finance Companies
The Union Budget for FY2018 has maintained focus on meeting the Housing for All agenda by 2022. The allocation is marginally lower than the last fiscal.
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Capital Goods
The mechanism proposed to buy surplus solar energy from solar pumps by the distribution utilities as well as push for deployment of solar energy under the smart city programme are encouraging for PV module manufacturers, EPC and system integrators/channel partners
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Post Budget Analysis | Cement
Improved rural incomes, higher rural credit and increased allocation for the rural, agricultural and allied sectors are likely to boost rural demand, including the requirement for rural housing.
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Post Budget Analysis | Infrastructure
Capital outlay for the infrastructure sector up to Rs 5.97 lakh crore in FY2018v19 (up 20.8 per cent over FY2018), with major increase for segments like railways, telecommunication and affordable housing.
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Post Budget Analysis | Infrastructure: Road
Total budgetary allocation for the sector (including PMGSY) raised by 6.7 per cent to Rs 89,544 crore from Rs 83,900 crore in the previous year.
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Post Budget Analysis | Infrastructure: Railway
Higher capital expenditure outlay for the railways (increased by 11.8 per cent from 2017v18 and 22.1 per cent from 2017v18) at Rs 1.46 lakh crore to support infrastructure projects. Of this, the budgetary allocation from the government stands at Rs 53,060 crore (up from Rs 40,000 crore in 2017v18, and marginally lower than 2017v18).
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Post Budget Analysis | Metals: Iron and Steel
The government's thrust on infrastructure, which is one of the key end-user industries for the steel business, is an encouraging trend for steel demand. Within infrastructure, significantly higher capital expenditure earmarked for affordable housing, power transmission and railways is likely to augment steel demand.
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Post Budget Analysis | OIL & GAS
Provision of revenue expenditure/subsidy for sensitive petroleum products of ~Rs 217 billion for FY2019 and 2018v19 (BE), excluding allocation of new LPG connections to poor families.
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Momentum = Mass X Velocity
As I write this, our Prime Minister is already in the UAE, making his second trip in less than three years, to accelerate the infrastructure thrust that the two countries have agreed upon.