Page 28 - NIS English 16-31,March 2023
P. 28
Cover Story Middle Class
Increased
expenditure on
infrastructure
and facilities
Spending on infrastructure will not only
make the dream of a developed India come
true, but it will also increase employment
opportunities and expand the scope of
the middle class. Prime Minister Narendra
Modi first started PM Gati Shakti and
then worked to increase investment in
infrastructure related to the people. In this
year's budget, whether it is the matter of
allotting Rs 2.40 lakh crore, the biggest
ever to the Railways, or the announcement
of a new airport, or the announcement
of increasing spending on other civic
amenities projects, the middle class will
also get a lot of benefit from them.
Infrastructure Budget increased Transportation Budget increased National Highway Budget increased 7
times in 9 years
5 times in 9 years
4 times in 9 years
2015-16 2.5 Lakh Crore 2015-16 85,000 Crore 2015-16 23,000 Crore
2023-24 10 Lakh Crore 2023-24 5,17,000 Crore 2023-24 1,62,000 Crore
Highest expenditure: Social welfare, 27 green field expressways The length of the highway in 2014 was 97
urban development, transport, health, are being built. 58 services thousand km, which increased to 1.44 lakh
education, rural development, and of the transport sector km in 2022. India has the second-largest
agriculture and allied sectors were made online. road network in the world.
Jal Jeevan Mission Education Health
Budget increased 12 times About one and a half times the cost Budget increased 2.6 times in 9 years
1,12,900 88,950
70,000 Crore thousand
Crore crores
5500 67,200
Crore Crore 34,130
thousand crores
Note: All amounts in Rs.
26 New India Samachar March 16-31, 2023