₹100 trillion infrastructure plan to roll out over 5 years
Live MintNew Delhi: A grand plan to build India’s infrastructure to a new level is in the works. This person said the capital expenditure for infrastructure is likely to touch ₹100 trillion in five years, which would be used to transform India’s ports, airports, roads and other utilities. The blueprint would include a ₹20-trillion master plan to develop 50,000 km of expressways, ₹2 trillion towards development of port infrastructure, and a ₹10-12 trillion plan to upgrade the railway network, among others. A ₹20-trillion master plan to develop 50,000 km of these modern roads would be unveiled, with work on at least 25,000 km targeted for completion in the next five years, the second person cited above said. The blueprint echoes the vision of infrastructure creation previously set in motion by the first NDA government under the late Prime Minister Atal Bihari Vajpayee between 1999 and 2004, the period that saw roll out of the Golden Quadrilateral project connecting Delhi, Mumbai, Chennai and Kolkata as well as the flagship rural roads scheme.