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Union Budget hikes outlay for big infra projects by 33% to Rs 10 lakh crore: Big numbers at a glance

Finance Minister Nirmala Sitharaman

·       Capital investment outlay for infrastructure projects to be raised by a whopping 33% to ₹ 10 lakh crore, will go up to 3.3% of GDP in 2024

·       ₹ 2.4 lakh crore For railways, the highest ever

·       Effective capital expenditure of Centre to be ₹ 13.7 lakh crore

·       Agricultural credit target increased to ₹ 20 lakh crore

·       Allocation for PM Awas Yojna increased by 66% to over ₹ 79,000 crore

·       157 new nursing colleges in core locations, mission to eliminate sickle cell anaemia by 2047

·       Rs 15,000 crore mission for safe housing, sanitation, drinking water, and electricity for tribals

·       All cities and towns will be enabled for 100 percent transition of sewers and septic tanks from manhole to machine hole mode

·       38,800 teachers will be hired for Ekalavya Model Residential Schools in next 3 years

·       3 centres of excellence for AI to be set up

·       Computerisation of 63,000 credit societies with ₹ 2,516 crore

·       100 labs to develop apps using 5g services to be set up in engineering institutions

·       Green Hydrogen Mission for reduced dependence on fossil fuel: ₹ 35,000 crore for energy transition to net-zero emission goals

·       30 Skill India international centres across different states will be set up to empower youth

·       1 crore farmers will get assistance to go in for natural farming