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The Union Budget 2023 allocated ₹1,99,107.71 crore for the Ministry of Road Transport and Highways, a 68% increase. ₹81,006 crore of the increased funds were earmarked for the National Highways Authority of India, representing a 133% rise. The government also plans to finalize expressway plans under the PM Gati Shakti program in 2022-2023. National highway networks will be expanded by 25,000 km with ₹20,000 crore in additional funds.
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Presentation1.pptx
The budget allocates ₹1,99,107.71 crore to the Ministry of Road Transport and Highways, a 68% increase from the previous year. Most of this increased allocation of ₹81,006 crore is earmarked for the National Highways Authority of India (NHAI) whose budget has increased 133% to ₹1,34,015 crore. The government will also finalize plans for new expressways under the PM Gati Shakti program in 2022-2023.
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The document discusses the impact of the Indian budget on various sectors of the economy. Key points:
- The budget aims to boost infrastructure development which will help revive sectors like cement, construction equipment, and real estate that have been struggling in recent years due to slow growth.
- Measures like developing smart cities, expanding road and rail networks, and increasing investment in renewable energy are expected to increase demand in related industries.
- The cement industry is hopeful that renewed focus on housing and infrastructure will increase cement consumption from current low levels. The construction equipment industry also expects growth due to higher infrastructure spending.
- The real estate industry may see gains from initiatives to develop smart cities, incentives for affordable housing, and
Union Budget 2021-22
The following ppt is about the Union Budget 2021-22, the allocation given to different sectors like agriculture, health, and so on.
Budget 2022 PPT
The budget document summarizes key announcements across various sectors from the Indian Union Budget for 2022-23. It highlights increased capital expenditures and infrastructure spending to prioritize growth over fiscal consolidation. Specific measures announced include a 35.4% increase in capex, expanding the national highway network by 15,000 km, developing four multi-modal logistics parks, and a new battery swapping policy to promote electric vehicles. Support for rural sectors and farmers was also announced through programs for millet production, oilseed independence, and financing agriculture startups.
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The document provides a weekly media update comprising news related to the Indian economy from March 21-27, 2023. Some key points from the articles include:
1) The Indian economy is expected to grow at 7% in FY23 according to the Finance Ministry despite global headwinds.
2) The RBI remains optimistic about India maintaining its growth trajectory regardless of global economic challenges.
3) India plans to significantly upgrade its logistics infrastructure by bidding out several multi-modal logistics parks and connectivity projects.
Union Budget 2017 – Railways, Roads and Waterways
The document summarizes key announcements made in the Union Budget 2017 regarding improvements to railways, roads, and waterways in India. For railways, a Rs. 100,000 crore safety fund will be created over 5 years, 25 stations will be redeveloped in 2017-18, 500 stations will become disabled-friendly by 2019, and 3,500 km of new railway lines will be commissioned in 2017-18. For roads, Rs. 39,61,354 crore was allocated for infrastructure with Rs. 19,000 crore for rural roads and 2,000 km of coastal roads identified for construction. For waterways, the Inland Waterways Authority plans to raise Rs. 1,000 crore through bonds
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The document summarizes the key points of the Indian Railways budget for 2017-2018. It was the first time since 1924 that the Railways budget was merged with the main Union Budget. Some highlights include an 8% increase in total outlay to Rs. 1.31 lakh crore, a 9% increase in estimated revenue to Rs. 1.78 lakh crore, and focusing on passenger safety, capital works, cleanliness and financial reforms. The budget also aims to increase freight and passenger traffic volumes by 10% in the next three years through infrastructure modernization.
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Presentation1.pptx
The budget allocates ₹1,99,107.71 crore to the Ministry of Road Transport and Highways, a 68% increase from the previous year. Most of this increased allocation of ₹81,006 crore is earmarked for the National Highways Authority of India (NHAI) whose budget has increased 133% to ₹1,34,015 crore. The government will also finalize plans for new expressways under the PM Gati Shakti program in 2022-2023.
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The document discusses the impact of the Indian budget on various sectors of the economy. Key points:
- The budget aims to boost infrastructure development which will help revive sectors like cement, construction equipment, and real estate that have been struggling in recent years due to slow growth.
- Measures like developing smart cities, expanding road and rail networks, and increasing investment in renewable energy are expected to increase demand in related industries.
- The cement industry is hopeful that renewed focus on housing and infrastructure will increase cement consumption from current low levels. The construction equipment industry also expects growth due to higher infrastructure spending.
- The real estate industry may see gains from initiatives to develop smart cities, incentives for affordable housing, and
Union Budget 2021-22
The following ppt is about the Union Budget 2021-22, the allocation given to different sectors like agriculture, health, and so on.
Budget 2022 PPT
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The document provides a weekly media update comprising news related to the Indian economy from March 21-27, 2023. Some key points from the articles include:
1) The Indian economy is expected to grow at 7% in FY23 according to the Finance Ministry despite global headwinds.
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3) India plans to significantly upgrade its logistics infrastructure by bidding out several multi-modal logistics parks and connectivity projects.
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The document summarizes key announcements made in the Union Budget 2017 regarding improvements to railways, roads, and waterways in India. For railways, a Rs. 100,000 crore safety fund will be created over 5 years, 25 stations will be redeveloped in 2017-18, 500 stations will become disabled-friendly by 2019, and 3,500 km of new railway lines will be commissioned in 2017-18. For roads, Rs. 39,61,354 crore was allocated for infrastructure with Rs. 19,000 crore for rural roads and 2,000 km of coastal roads identified for construction. For waterways, the Inland Waterways Authority plans to raise Rs. 1,000 crore through bonds
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The document summarizes the key points of the Indian Railways budget for 2017-2018. It was the first time since 1924 that the Railways budget was merged with the main Union Budget. Some highlights include an 8% increase in total outlay to Rs. 1.31 lakh crore, a 9% increase in estimated revenue to Rs. 1.78 lakh crore, and focusing on passenger safety, capital works, cleanliness and financial reforms. The budget also aims to increase freight and passenger traffic volumes by 10% in the next three years through infrastructure modernization.
The general union budget for the financial year 2023.pdf
The budget for 2023-24 will be presented by Finance Minister Nirmala Sitharaman on February 1, 2023. It will focus on income tax relief, boosting local manufacturing, increasing rural and welfare spending, and developing infrastructure and green energy. Capital expenditure for 2022-23 was increased by 35.4% to Rs. 7.5 lakh crore compared to the previous year. The budget aims to promote growth through various initiatives while maintaining fiscal prudence.
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This document provides a summary of the key highlights from the Indian Union Budget for 2020-21 presented by Finance Minister Nirmala Sitharaman. Some of the major points include increased spending on agriculture, infrastructure, health, and education. Tax exemptions have been introduced for affordable housing and startups. New income tax slabs with lower rates and removal of around 70 exemptions have been proposed. The budget aims to boost the economy through measures like expanding rural development programs, increasing foreign investment, and developing industries.
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Dedicated Micro Irrigation Fund in NABARD is all set to achieve 'per drop more crop' with an initial investment of Rs. 5,000crores
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The Railway Budget 2013-2014 aimed to improve rural development through increased allocation of Rs. 80,194 crore. It also focused on agriculture through increased credit availability and research funding. Allocations were increased for vulnerable sections including SCs, STs, women, children and the disabled. Infrastructure development was emphasized through tax-free bonds, road construction, and improved connectivity in the northeast. Facilities and safety measures for passengers were enhanced through initiatives like free WiFi, mobile ticketing, escalators and improved food quality inspections.
yy.pptx
The Union Budget 2023 allocated ₹1,99,107.71 crore for the Ministry of Road Transport and Highways, a 68% increase. ₹81,006 crore of the increased funds were earmarked for the National Highways Authority of India (NHAI), representing a 133% rise. The government will finalize plans for new expressways under the PM Gati Shakti program in 2022-2023. The national highway network will be expanded by 25,000 km and ₹20,000 crore additionally mobilized for infrastructure development.
new ppt.pptx
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The Union Budget 2023 allocated ₹1,99,107.71 crore for the Ministry of Road Transport and Highways, a 68% increase. ₹81,006 crore of the increased funds were earmarked for the National Highways Authority of India (NHAI), representing a 133% rise. The government will finalize plans for new expressways under the PM Gati Shakti program in 2022-2023. The national highway network will be expanded by 25,000 km and ₹20,000 crore additionally mobilized for infrastructure development.
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BBR 2024 Summer Sessions Interview Training
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- 1. Budget Allocation for Infrastructure The allocation for the Ministry of Road Transport and Highways has seen a 68% increase with ₹1,99,107.71 crore set aside for it in the Union Budget 2023. The hike of ₹81,006 crore for the Ministry has been almost entirely earmarked for investments in NHAI, which has seen a 133% increase from ₹57,350 crore in last year’s Budget to ₹1,34,015 crore this year. The Minister also said the government will also finalise its plan for expressways in 2022-2023 under the PM Gati Shakti programme..
- 2. Continued… Since COVID has tempered private sector appetite for buying out large infra assets, sector analysts had estimated that gross budgetary support towards the infrastructure sector had to increase by 15-20 percent with focus on roads, railways. The budgetary allocation to the newly set-up development finance institution – National Bank for Financing Infrastructure and Development. The Finance Minister said that the national highway network will be expanded by 25,000 km in 2022 - 2023 and Rs 20,000 crore in funds will be mobilised in addition to budgetary resources.
- 3. THANK YOU