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According to the Budget 2009-10, India will have a better infrastructure in the coming years. Following are some of the recommendations put forward by the government of the revival of Indian infrastructure:-
- To set up IFFCL for providing financial assistance to infrastructure companies
- IIFCL will be given more flexibility
- IIFCL will refinance 60% of bank loans in critical sectors
- IIFCL will evolve new financing schemes for incremental funding in infrastructure
- Government will be more sensitive to the needs of young India
- Endeavour to make budget participatory and ensure its continuity
- A significant increase in capital inflows needs
- PPP to be encouraged especially in infrastructure
- Need to improve and strengthen regulatory framework
- To speed up Golden Quadrilateral Project
- Total investment of 100000 CFR in infrastructure
- Need to remove bottlenecks for speedy implementation of infra projects. Highways allocated 23% more than 08-09
- Rs 15800cr for Railways
- JNURM allocation increased by 80% to Rs 12887 cr
- Basic amenities for urban poor to get more than 3000 cr to make country slum free in 5 yrs
- Provision for housing urban poor at Rs 3973 cr
- Allocation to NHAI increased to 23& Y-O-Y
- Fiscal deficit has widened to 6.7% of GDP
- Target agriculture credit inflows ay Rs 3.25 lakh cr
- Focus of NCC
- Gammon for highway development
- JNNURM to get more than Rs 12000 cr up 87%
- Basic amenities for urban poor to get over 3000 cr to make India slum free in 5 yrs
- Provision for housing urban poor at Rs 3973 cr
- Allocation to NHAI increased to 23& Y-O-Y
- Fiscal deficit has widened to 6.7% of GDP
- Target agricultural credit inflows ay Rs 3.25 lakh cr
- Focus of NCC, Gammon for highway development
- Rural electrification allocation up 27%
