The bolstering of infrastructure development are among the seven priority areas in the union budget's proposal. With 50 new airports being targeted, INR 2.7 lakh crore being allocated for road infrastructure and INR 2.4 lakh crore for railways, the government is placing the right onus on infrastructure development, as it has in recent years.
We are also enthused by the announcement of an urban infrastructure development fund and the opportunities presented for private investment in infrastructure through newly established Infrastructure Finance Secretariat.
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