Budget 2019: 50 Lakh crore for rail infrastructure

Written By Xappie Desk | Updated: July 05, 2019 12:13 IST
Budget 2019: 50 Lakh crore for rail infrastructure

Budget 2019: 50 Lakh crore for rail infrastructure
 
This government has given a massive push to all forms of physical connectivity. The time is right for India to enter into aircraft financing, critical for the self-reliant aviation industry.”
 
“Government will do a restructuring of the national highway programme. In the second phase of Bharat Mala, States will be helped to develop State highways.”
 
125,000 km of road to be upgraded over the next 5 years at a cost of 802.5 billion rupees.
 
“Government envisions using rivers for cargo transport.”
 
The Minister proposes ₹50 lakh crore investment for Railway infrastructure between 2018 and 2030 and using public-private partnerships unleash faster development, completion of tracks, passenger freight services.
 
Railways will be encouraged to expand suburban networks.




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