The document summarizes the key infrastructure proposals in the Indian Union Budget 2014. It outlines measures to boost rural and urban development through funds for smart cities, urban infrastructure development, and rural connectivity. It also discusses proposals for railways, roads, airports, waterways, coal, power, petroleum and gas sectors. The budget aims to revive the economy through job creation and revenue generation from improved infrastructure that will attract private investment and benefit related industries.
2. INFRASTRUCTURE
‘Economic development’.
Necessaryto:
Createemployment opportunities,
Mobilizeresources,
Generaterevenue,whichwillhelprevivetheeconomy.
HugefaceliftintheUnionBudget2014.
Measures will raise adequate resources for the economic
development of the country. This will certainly help reviving
theailingeconomy.
3. PROPOSALS: RURAL & URBAN
DEVELOPMENT
Rs7,600crorefordeveloping 100smartcities.
Budgetary allocation for this fiscal is raised by 133%.
More on amenities incities aswell assmarttransport.
Extending central funds to augment urban infrastructure
in 500 cities and towns, providing safe drinking water,
sewerage, solid waste management & digital
connectivity.
Urban renewal & promoting affordable housing in urban
areas.
SyamaPrasadMookerjeeRurbanMission.
4. PROPOSALS: RAILWAYS
DiamondQuadrilateralrailnetwork.
Announcingabullettrain.
Rs 100 crore for Metro projects in Lucknow &
Ahmedabad.
Metro projects intwomillion- pluscities.
The Rail Budget has also proposed to attract private
domestic investmentandFDIininfrastructure.
5. PROPOSALS: ROAD TRANSPORT
Rs7,060 crore for 100 smart cities & satellite towns with
transport&infrastructure.
Rs 14,389 crore for Pradhan Mantri Gram Sadak Yojna
(PMGSY).
NHconstruction of8500km.
Work on select expressways in parallel to the development of
theIndustrialCorridors willbeinitiated.
Rs37,800 crore to National Highways Authority of India for
roads & Rs14,000 crore for rural roads , which includes ` 3000
crores fortheNorth East.
7. PROPOSALS: WATERWAYS
Development ofinlandwaterways &harbor projects.
11635 crore for the development of Outer Harbour
Project inTuticorn forphaseI.
Comprehensive policy-to promote Indian ship building
industry.
InlandNavigation:
Project on Ganges, Jal MargVikas to be developed between
AllahabadandHaldia.
8. The existing impasse in the coal sector will be resolved and
adequatequantityofcoal
Ultra-Modern Super Critical Coal Based Thermal Power
Technology.
PROPOSALS: COAL
PROPOSALS:POWER
9. PROPOSALS:POWER NEW & RENEWABLE
ENERGY
Ultra Mega Solar Power Projects in Rajasthan, Gujarat,
Tamil Nadu,andLaddakhinJ&K.
Scheme for solar power driven agricultural pump sets &
water pumpingstations forenergizing onelakh pumps.
100 crore is set aside for the development of 1 MW Solar
Parkson thebanks ofcanals.
10. PROPOSALS: PETROLEUM & NATURAL
GAS
15,000 km of existing gas pipeline systems in the country,
anadditional15,000kmofpipelines.
Benefits:
Increasethe usageof gas,domestic aswell asimported.
11. FINANCE IN FOCUS
IRB Infrastructure Developers Ltd, Simplex Projects Ltd &
Gammon Infrastructure Projects Ltd will see higher order
inflowsintheshorttermandhealthierbook-to-billratios.
Reduction of customs & excise taxes to boost domestic
manufacturing,particularlyinpower, steel,etc.
Tax regime-Infrastructural Investment Trusts (InvITs) &
Real Estate Investments (REITs) in accordance with the
regulationsofSEBI.
12. PROPOSALS:
Rural Infrastructure Development Fund (RIDF) by an
additional Rs 5,000 crore. In addition, an amount of Rs 100
crores has been set aside for the Agri-Tech infrastructural
funds.
Boarderinfrastructure,Earmarked Rs2250crore.
For scientificwarehousinginfrastructure,Rs 5,000crore.
13. PROPOSALS:
Deendayal Upadhyaya Gram Jyoti Yojana and earmarked Rs
500croreforthescheme.
Strengthening & revival of the SEZ. SEZs will be effective
instrumentsfor:
Employmentgeneration,
Industrialproduction,
Exportpromotion.
900 projects are in various stages of development, To
streamline the PPP(Public Private Partnership) models, the
Union Budget has proposed an institution called 3P &
earmarksRs 500crore.
14. IMPACT
As spending improves, new orders will flow in for
engineering, procurement andconstruction companies.
Infrastructure funding to get impetus because of change
inrules for banks.
Better roads & more infrastructure projects will boost
demand for logistics. The trucking industry should
benefit too.
Spurt in demand forcapital goods & heavy engineering as
well.
Cement sector to gain as investment cycle kick-starts
throughgovernment,industrialandrealestateprojects.