Infra expectations from Budget

The Union Budget could send a strong signal that surety bonds will be made fully operational in 2022-23

With the Union Budget’s emphasis shifting more towards policy announcements aimed at providing growth stimuli, the expectations of the infrastructure sector have also aligned with this trend. Here are nine key desirables that are expected to turbo-charge the sector. 

Outlays: In the 2021-22 Budget, a sum of ₹5.54 trillion was committed, which was a 26 per cent increase from the ₹4.39 trillion of 2020-21. With public expenditure on infrastructure being the stated pump-primer of the economy, it would be quite in order to expect a 25 per cent hike in the overall outlay, thus going up to ₹7 trillion. This, supplemented