ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

Rail infrastructure requires Rs 50 lakh crore till 2030: Sitharaman

New Delhi [India], July 5 (ANI): The railway infrastructure in India requires an investment of Rs 50 lakh crore till 2030, Finance Minister Nirmala Sitharaman said on Friday.

ANI Jul 05, 2019 11:40 IST googleads

Sitharaman presenting the Budget in Parliament on Friday (Image Courtesy by LSTV)

New Delhi [India], July 5 (ANI): The railway infrastructure in India requires an investment of Rs 50 lakh crore till 2030, Finance Minister Nirmala Sitharaman said on Friday.
Given the expenditure of Rs 1.4 to 1.6 lakh crore per year, it could take decades to complete the projects. "It is therefore necessary to privatise," she said while presenting the Union Budget for 2019-20 in Parliament.
On the other hand, the ambitious project of Bharatmala will enhance road connectivity. Sagarmala will help port and waterways connectivity, she said.
"These along with other such initiatives such as Udaan scheme will improve India's infrastructure, enable connectivity, and bridge the rural and urban divide," said Sitharaman. (ANI)

Get the App

What to Read Next

Politics

"No shortage of petrol, diesel or LPG": Hardeep Singh Puri

In his statement in the Lok Sabha, Puri said the government has taken multiple measures to safeguard the country's energy security and ensure the uninterrupted availability of petroleum products, cooking gas, and natural gas.

Read More
General News

FCI workers' demands raised before Labour Authority

FCI workers' demands raised before Labour Authority

The ongoing dispute between the management of the Food Corporation of India (FCI) and its sole recognised union, Bhartiya Khadya Nigam Karamchari Sangh (BKNKS), was taken up for conciliation on Thursday before the Deputy Chief Labour Commissioner (Central) in New Delhi.

Read More
General News

Tamil Nadu CM Stalin urges citizens' support to tackle LPG crisis

Tamil Nadu CM Stalin urges citizens' support to tackle LPG crisis

In a post on X, Stalin stated that he had written to Prime Minister Narendra Modi and the relevant Union Ministers regarding the issue. He added that the state government held a consultation meeting yesterday under the leadership of R Sakkarapani to discuss strategies for addressing the gas shortage.

Read More
General News

PM Modi unveils India's energy strategy amid West Asia conflict

PM Modi unveils India's energy strategy amid West Asia conflict

Prime Minister Narendra Modi on Thursday outlined a dual approach to energy security: boosting domestic infrastructure for wider access and promoting self-sufficiency to cut reliance on imports.

Read More
General News

Union Minister Hardeep Singh Puri assures energy supply

Union Minister Hardeep Singh Puri assures energy supply

Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, informed the Lok Sabha on Thursday that the country is successfully navigating the major disruption in global energy supplies following the West Asia conflict.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.