The Budget 2022 makes provisions to pull forward the economy and create job opportunities for the youth, with the master plan relying on seven engines of economic transformation based on PM Gati Shakti plan that Prime Minister Narendra Modi announced on August 15, 2021.
The seven engines of PM Gati Shakti are roads, railways, airports, ports, mass transport, waterways, logistics and infrastructure.
Spelling out the master plan, Finance Minister Nirmala Sitharaman said that the government will formulate an execution strategy for expressways in FY23. The country’s national highway network will be expanded by 25,000 kilometres in 2022-23, she said, adding that the government will award four multi-modal national parks in the year. Rs 20,000 crore will also be mobilised to complement public resources.
