‘More airports in tier 2 & 3 cities, rise in exports, infra, multimodal connectivity’

With the focus on making India ‘Viksit Bharat’ by 2047, Finance Minister Nirmala Sitharaman presented the interim budget and said the government’s focus is now on Sabka Sath, Sabka Vikas.” She said, “Tier 2 and Tier 3 cities will have more modern airports, in the coming years, there will be 11% increase in overall infrastructure expenditure. Exports will be doubled to ₹1-lakh crore rupees,” said FM. Touching upon measures that will be taken to expand India’s railway infrastructure, Sitharaman announced, three major railway economic corridors including energy, mineral and cement corridor, a port connectivity corridor and a high traffic density corridor. “Railway projects have been identified under the PM Gati Shakti Yojana for enabling multi-modal connectivity. These will improve logistics efficiency and reduce costs. Decongestion of high traffic corridors will result in improving operations, which in turn would result in safety and higher travel speeds for passengers. These corridors, along with dedicated freight corridors, will accelerate our GDP and reduce logistic costs. Finance Minister also said that the government is focused on more comprehensive ‘governance, development, performance’ – termed as ‘GDP’.