The investments in Infrastructure to be raised to 9 pc of GDP by 2014. However, 54 infra projects under PPP projects were given in-principle or final approval with an investment of Rs 67,700 crore. In line with this, the budgetary support increased for Ministries of Rural Development as well as Road Transport & Highway, Power, Railways, Industrial Policy & Promotion and IT. Bharat Nirman to get Rs 4900 crore and JNNURM gets Rs 11842 crore.
In addition to this, the India Infrastructure Finance Company will raise Rs 10,000 crore from market by end of March 2009. Along with this, The India Infrastructure Finance Company will raise Rs 30,000 crore from market in next fiscal year. Adding to this, the rural infrastructure development scheme to be expanded through suitable allocations.
The spending in FY 10 seen at 9.53 lakh crore. The Fiscal deficit for FY 09 at 6 pc of GDP.
In addition to this, the India Infrastructure Finance Company will raise Rs 10,000 crore from market by end of March 2009. Along with this, The India Infrastructure Finance Company will raise Rs 30,000 crore from market in next fiscal year. Adding to this, the rural infrastructure development scheme to be expanded through suitable allocations.
The spending in FY 10 seen at 9.53 lakh crore. The Fiscal deficit for FY 09 at 6 pc of GDP.
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