Quick Summary
Rs 11,11,111 CRORE ALLOCATED FOR CAPITAL EXPENDITURE IN BUDGET 2024-25 PROVISION OF ₹ 1.5 LAKH CRORE FOR LONG-TERM INTEREST FREE LOANS TO ENCOURAGE INFRASTRUCTURE INVESTMENT BY STATE GOVERNMENTS PHASE IV OF PMGSY TO BE LAUNCHED TO PROVIDE ALL-WEATHER CONNECTIVITY TO 25,000 RURAL HABITATIONS Acknowledging the strong multiplier effect of building and improving infrastructure on economy, the Union Minister for Finance Corporate Affairs, Smt Nirmala Sitharaman while presenting the Budget 2024-
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1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
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FAQ :
Over Rs 11 lakh crore has been allocated for capital expenditure in the Budget 2024-25.
The capital expenditure allocation represents 3.4 per cent of the country's GDP.
A provision of Rs 1.5 lakh crore for long-term interest-free loans has been announced to encourage states to invest in infrastructure.
Phase IV of PMGSY will be launched to provide all-weather connectivity to 25,000 rural habitations.
Financial support has been announced for projects in Bihar, including the Kosi-Mechi intra-state link, and for flood management in Assam, reconstruction in Himachal Pradesh and Uttarakhand, and flash flood mitigation in Sikkim.
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