You are here: Home » Budget » Budget 2017 » Infrastructure
Business Standard

Record Rs 3.96 lakh cr allocation for infra sector to spur growth: Jaitley

PMGSY has received an allocation of Rs 19,000 crore

Megha Manchanda  |  New Delhi 

In an attempt to encourage multi-modal transportation Finance Minister Arun Jaitley on Wednesday said the government was in a position to synergise investments in rail, road and port sectors and has earmarked an allocation of Rs 3,96,135 crore for the infrastructure sector. Of the total budgetary support, highways sector alone would get an allocation of Rs 2,41,387 crore. The pace of road construction in the country has gone substantially up to 133 km per day in 2016-17, as against 73 km per day in 2013-14. Jaitley said habitations in the left wing extremist areas ...


Key stories on are available to premium subscribers only.


REMEMBER ME Forgot password?

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package


On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital
First Published: Wed, February 01 2017. 14:00 IST