Infra needs Rs 15 trn annual outlay for 'Viksit Bharat' goal: Mandaviya

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Infra needs Rs 15 trn annual outlay for 'Viksit Bharat' goal: Mandaviya - Business Standard

Quick Summary:

Addressing the inaugural of ISSA-ESIC International Seminar 'Formalization & Social Security Coverage for Workers in the Informal Sector Challenges & Innovation', Mandaviya stated that the infrastructure investment budget was Rs 1.2 lakh crore in 2012 and this budget was Rs 2.4 lakh crore in 2014 under the Narendra Modi-led government.

Union Minister Mansukh Mandaviya on Monday said the government's infrastructure investment budget should be Rs 15 lakh crore per annum, against Rs 11.5 lakh crore at present, for the next 25 years to achieve 'Viksit Bharat @2047' and social security for all.

"In 2024, the budget has been pegged at Rs 11.5 lakh crore.