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Home News Budget Month 2 2020 2020 (2) This

148 Km long Bengaluru Suburban Transport Project at a cost of ₹ 18600 Crore proposed

1-2-2020
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148 Km long Bengaluru Suburban Transport Project at a cost of ₹ 18600 Crore proposed

A National Logistics Policy to create a single Window E-Logistics Market

Proposal to Monetise at least 12 Lots of Highway Bundles of over 6000 Km before 2024

Proposal to Set up large Solar Power Capacity Alongside Rail Tracks, on Railway’s Land

Four Station Re-Development projects and Operation of 150 Passenger Trains through PPP Mode

National Skill Development Agency to give Special Thrust to Infrastructure-Focused Skill Development Opportunities

Highlighting Prime Minister’s Statement in the Independence Day Speech 2019, that ₹ 100 lakh Crore would be invested on infrastructure over the next 5 years, Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman, while presenting the Union Budget 2020-21 in Parliament today said “As a follow up measure, I had launched the National Infrastructure Pipeline on 31st December 2019 of ₹ 103 lakh crore. It consists of more than 6500 projects across sectors and are classified as per their size and stage of development.” 

The Finance Minister further said, that the National Skill Development Agency will give special thrust to infrastructure-focused skill development opportunities and that a huge employment opportunity exists for India’s youth in construction, operation and maintenance of infrastructure. 

The Union Budget proposed to set up a project preparation facility for infrastructure projects. This programme would actively involve young engineers, management graduates and economists from our Universities. 

The Budget also proposed to direct all infrastructure agencies of the government to involve youth-power in start-ups. 

The Finance Minister also proposed A National Logistics Policy, to be released soon and this would clarify the roles of the Union Government, State Governments and key regulators and  create a single window e-logistics market and focus on generation of employment, skills and making MSMEs competitive.

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