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Published on 3/02/2020 3:01:17 PM | Source: Kotak Mutual Fund

Union Budget FY 2020-21 By Kotak Mutual Fund

Posted in Post Budget Analysis| #Post Budget Analysis #Kotak Mutual Fund

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Budget Stands on Three Themes and Two Approaches

 

Budget Aims To Improve Ease Of Business & Ease Of Living

 

Infrastructure : High on focus, Execution is the key

* National Infrastructure Pipeline (NIP) was announced with Rs.103 Tn capex with 6,500 identified projects.

* Rs. 220 Bn support provided to IIFCL & NIIF, which will leverage and provide equity and long term financing for the NIP.

* Accelerated development of highways with 2500 Km access control highways, 9000 Km of economic corridors, 2000 Km of coastal and land port roads and 2000 Km of strategic highways.

* Gross Budgetary Support to Road sector is at around Rs. 1.6 Tn. • Railways: Investment target is increased to Rs. 1.6 Tn

 

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