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Modi Government Clears ₹12 Trillion Infrastructure Push in Third Term, Says Vaishnaw

Modi Government Clears ₹12 Trillion Infrastructure Push in Third Term, Says Vaishnaw

Since June 2024, the Government of India has launched one of its most ambitious infrastructure investment cycles, spanning aviation, highways, railways, ports, metro systems, housing, and more. Since the start of Prime Minister Narendra Modi’s third term on June 9, 2024, the central government has committed over ₹12 trillion towards infrastructure development across key sectors,...

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How the ₹10 trillion capex will power rail, road & urban infra

How the ₹10 trillion capex will power rail, road & urban infra

Pratap Padode, Founder, FIRST Construction Council decodes what the finance minister has planned for infrastructure and development. Finance Minister Nirmala Sitharaman continued the thrust on infrastructure as she announced a capital expenditure outlay of ₹10 trillion for the financial year 2023-24. This would be a 33% increase from the CAPEX allocation announced in the previous...