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 Ack
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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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