Infra development through PPP to spur growth, create job; Projects worth Rs 27,514 cr in FY20 till date
NEW DELHI: Infrastructure development through pubic-private partnership spurs economic growth besides crating jobs and a related committee has approved projects worth Rs 27,514 crore this fiscal till date, a budget document said.
It also said that government’s push towards infrastructure projects is expected to boost capital expenditure by 1.9 per cent of GDP by 2022-23.
Finance Minister Nirmala Sitharaman had tabled the Union Budget 2020-21 in Parlaiment on Saturday.
“Development of infrastructure through PPPs (public private partnership) helps in economic growth and development, creates jobs, provides opportunities for private sector participation, and improves living conditions,” the Budget document said.
