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  • Business Today

    The Infra Catalyst

    Feb 04, 2021 5 minutes
    BY ASHUTOSH KUMAR

    Finance Minister Nirmala Sitharaman read out proposals related to the infrastructure sector immediately after announcing the much-anticipated measures on healthcare. In her speech outlining the vision for Atma Nirbhar Bharat, which contained six pillars — physical and financial capital and infrastructure figured at number two, after health and wellness — the other pillars being inclusive development, human capital, innovation and research & development.

    This is a good indicator of the primacy granted to infrastructure by the Narendra Modi government, something that was well reflected in measures announced in the Budget to make the sector the pivot for job creation and turning around the economy.

    The numbers speak for themselves. The proposed capital expenditure for FY22, ₹5.54 lakh crore, is 34.5 per cent higher than the FY21 Budget estimate of ₹4.12 lakh crore. Also, this is almost 26

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