Capex support will continue for infrastructure development: Minister Chaudhary
Live MintIndia's capital expenditure on infrastructure projects such as roads, railways, ports, airports, and telecommunications has been rising steadily over the years, and the government stands ready to make adequate funds available in next year's budget as well to maintain the sector's growth momentum, minister of state for finance Pankaj Chaudhary said on Friday. India aims to become a developed nation by 2047, the country's Independence centenary, and infrastructure development will continue apace, he told reporters. Long-term vision India's infrastructure spending has seen a significant boost under prime minister Narendra Modi's government. Accordingly, sufficient work has been done on building infrastructure - road, air and rail connectivity has improved considerably over the last 10 years," Chaudhary said.