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Infrastructure
Budget 2014-2015
PAWEL GAUTAM
Introduction
• Infrastructure refers to the basic
physical and organizational structures
needed for the operation of a society
or enterprise, or the services and
facilities necessary for an economy to
function
Shipping
• Sixteen new port projects are proposed to
be awarded this year with a focus on port
connectivity.
• 11,635 crore will be allocated for the
development of Outer Harbour Project in
Tuticorin for phase I.
• SEZs will also be developed in Kandla and
JNPT
• Single-window customs clearances at
Indian ports.
Airports in tier I and tier II cities to be
developed via the public-private
partnership model.
• Propose investment in National
Highways Authority of India and State
Roads of an amount of `37,880 crores,
which includes 3,000 crores for the North
East.
• the Budget allocates Rs 14,389 crore for
Pradhan Mantri Gram Sadak Yojna
(PMGSY).
• To ensure 24×7 uninterrupted power supplies
in rural areas, Union Budget 2014 has
announced Deendayal Upadhyaya Gram Jyoti
Yojana and earmarked Rs 500 crore for the
scheme.
• To promote cleaner and more efficient thermal
power, FM propose to allocate an initial sum of
100 crore for preparatory work for a new
scheme “Ultra-Modern Super Critical Coal
Based Thermal Power Technology.”
• launching a scheme for solar power driven
agricultural pump sets and water pumping
stations for energizing one lakh pumps. FM
propose to allocate a sum of 400 crores for this
purpose.
• 100 crore is set aside for the development of 1
MW Solar Parks on the banks of canals
• Commitment to develop 100 smart cities
with an outlay of Rs7,060 crore.
• Rs12,000 crore allocation to National
Housing Bank for funding low-cost
housing in urban and rural areas.
• Built-up area for foreign direct investment
(FDI) in real estate decreased from
50,000 sq. m to 20,000 sq. m and
minimum capital requirement halved to
$5 million.
Other Infrastructure
Projects
• For scientific warehousing infrastructure, the
Budget has allocated Rs 5,000 crore.
• To strengthen and modernise the boarder
infrastructure, the Budget has earmarked Rs
2250 crore
• Union Budget has proposed to raise the
corpus of Rural Infrastructure
Development Fund (RIDF) by an
additional Rs 5,000 crore.
• Rs 100 crores has been set aside for the
Agri-tech infrastructural funds.
You and I come by road or
rail, but economists travel
on infrastructure.

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Infrastructure (Budget 2014-15)

  • 2. Introduction • Infrastructure refers to the basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function
  • 3.
  • 5. • Sixteen new port projects are proposed to be awarded this year with a focus on port connectivity. • 11,635 crore will be allocated for the development of Outer Harbour Project in Tuticorin for phase I. • SEZs will also be developed in Kandla and JNPT • Single-window customs clearances at Indian ports.
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  • 7. Airports in tier I and tier II cities to be developed via the public-private partnership model.
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  • 9. • Propose investment in National Highways Authority of India and State Roads of an amount of `37,880 crores, which includes 3,000 crores for the North East. • the Budget allocates Rs 14,389 crore for Pradhan Mantri Gram Sadak Yojna (PMGSY).
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  • 11. • To ensure 24×7 uninterrupted power supplies in rural areas, Union Budget 2014 has announced Deendayal Upadhyaya Gram Jyoti Yojana and earmarked Rs 500 crore for the scheme. • To promote cleaner and more efficient thermal power, FM propose to allocate an initial sum of 100 crore for preparatory work for a new scheme “Ultra-Modern Super Critical Coal Based Thermal Power Technology.”
  • 12. • launching a scheme for solar power driven agricultural pump sets and water pumping stations for energizing one lakh pumps. FM propose to allocate a sum of 400 crores for this purpose. • 100 crore is set aside for the development of 1 MW Solar Parks on the banks of canals
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  • 14. • Commitment to develop 100 smart cities with an outlay of Rs7,060 crore. • Rs12,000 crore allocation to National Housing Bank for funding low-cost housing in urban and rural areas. • Built-up area for foreign direct investment (FDI) in real estate decreased from 50,000 sq. m to 20,000 sq. m and minimum capital requirement halved to $5 million.
  • 16. • For scientific warehousing infrastructure, the Budget has allocated Rs 5,000 crore. • To strengthen and modernise the boarder infrastructure, the Budget has earmarked Rs 2250 crore
  • 17. • Union Budget has proposed to raise the corpus of Rural Infrastructure Development Fund (RIDF) by an additional Rs 5,000 crore. • Rs 100 crores has been set aside for the Agri-tech infrastructural funds.
  • 18. You and I come by road or rail, but economists travel on infrastructure.