Budget 2023 To Give New Growth Energy To Infrastructure Sector: PM Modi

Prime Minister Narendra Modi on Saturday mentioned the Budget 2023 will give new development power to the infrastructure sector. Stating that India will turn into a developed nation by 2047, he additionally mentioned the infrastructure growth has all the time been an vital pillar within the technique of a rustic’s growth.

At a post-Budget webinar on ‘Infrastructure and Investment’, the prime minister mentioned that at present, the common annual development of nationwide highways has been virtually two instances as in comparison with earlier than 2014. “Unfortunately, after independence, trendy infrastructure was not given much-required emphasis.”

Modi also said India will achieve the target of becoming a developed nation by 2047. He also said the Gati Shakti National Master Plan is going to rejuvenate India’s infrastructure and multimodal logistics.

The post-Budget webinar is a part of a series of 12 webinars being organized by the Government to seek ideas and suggestions for effective implementation of the initiatives announced during the Union Budget 2023-24.

The Union Budget adopted seven priorities which complement each other and act as the ‘Saptarishi’ guiding the country through the AmritKaal. These include inclusive development, reaching the last mile, infrastructure, and investment, unleashing the potential, green growth, youth power and financial sector.

The Post Budget Webinar on ‘Infrastructure and Investments’ was led by Ministry of Roads, Transport and Highways (MORTH) and co-led by Department for Promotion of Industry and Internal Trade (DPIIT). The webinar was also scheduled to host discussions on three sub-themes namely, Improving logistics efficiency, Planning on PM Gati Shakti National Master Plan and Infrastructure development and investment opportunities.

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