Budget 2022: PM Gati Shakti Will Propel Economy

Finance Minister Nirmala Sitharaman is presenting the fourth budget of the Modi 2.0 government today. The Economic Survey was released before the budget, in which it was said that the government has a GDP growth rate of 8-8.5 per cent in the 2022-23 financial year.

The government's planned capital expenditure for the current fiscal is estimated to be over Rs 5.5 lakh crore. The government will have to focus on building infrastructure and this number will be kept in mind for the next financial year as well.

Budget 2022 Update:

PM Gati Shakti will propel the economy and create more jobs and opportunities for the youth: Finance Minister

• The masterplan will include seven engines of economic change
• PM Gatishakti masterplan for expressway to be prepared in next financial year
• National Highway network to be expanded to 25,000 km in 2022-23
• Four multi-modal national park contracts to be awarded in FY23

Promotion of Railways under Gati Shakti Yojana

• In the next 3 years, 400 new types of Vande Bharat trains will be developed and manufactured.
• The concept of one station, one product will be popularized to help local businesses.
• India plans 100 cargo terminals in 3 years

Seven engines of PM Gati Shakti

• roads
• railway
• airports
• ports
• public transport
• waterway
• Logistics Infra