Hon’ble Prime Minister of India Dr. Mamohan Singh gifts the nation the future of infrastructure growth!

In the recently concluded meet about the infrastructural development of the nation, Hon’able Dr. Manmohan Singh declared various packages under PPP (Public Private Partnership) that would give a massive push to India’s growth in turbulent times. Following are the highlights of these declarations:

1. A total of about 2 lakh crore in investments!

2. Green signal to Ahmedabad-Mumbai bullet train corridor worth around Rs. 20,000 crore.

3. Contracts for 9,500 km of highways, port projects worth Rs 35,000 crore, pubic private partnership (PPP) projects for at least 20 airports; 2 new major ports on the east coast, and the Rs 20,000-crore project for Mumbai's elevated rail corridor.

4. PPP projects would be finalised for 10-12 existing airports and a similar number of greenfield airports, which would be awarded during the current fiscal year. New international airports to come up in the outskirts of Lucknow, Coimbatore, Trichy and Gaya.

5. Aim to add new capacity of 18,000 mw in the current fiscal year.

6. Award contracts for 9,500 km, up 18.7% over the previous year, and involving a 74% rise in investment. In addition, 4,360 km of roads will be awarded for maintenance.

7. 42 projects worth Rs 14,500 crore and a capacity of 244 MTPA, which is three times the previous year's achievement.

8. Coal India would disptach 470 million tonnes to all sectors, an increase of 8.8%. Of this, it will dispatch 347 million tonnes to the power sector in the current fiscal, up 11.2% from the previous year.

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