A progressive budget PK Singh

2 Feb 2017

Budget 2017 is a progressive budget which aims at a holistic   development of the entire economy with a 25.4% higher capital   expenditure slated for FY 2017-18. The infrastructure sector   will get an investment of Rs 3,96,135 crore including roads, railways, ports, airports, construction etc and also affordable housing which will now get an infrastructure status. The 3500 kilometers of railway lines, 1 crore houses for poor by 2019, improved connectivity between cities, affordable house building   schemes will all translate to robust economic development. At the same time, 24% higher than previous year’s allocation   towards rural, agriculture and allied sectors will strengthen   rural India. (SAIL Chairman)