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Expressing serious concern over the viability of power distribution companies, Union minister for finance and corporate affairs, Nirmala Sitharaman in her Budget speech of 2021-22, proposed an outlay of Rs3.05 lakh crore over the next five years for a revamped reform- based result-linked power distribution sector scheme. Jal-Jeevan Mission (Urban) and Urban Swachh Bharat Mission have been provided with an outlay of Rs2.57 lakh crore and Rs1.41 lakh crore, respectively. The minister also provided a record outlay of Rs1,10,055 crore for Railways, of which Rs1.07 lakh crore are given for capital expenditure.
In 2020-21, Govt under PM @NarendraModi ji had provided for Rs 4.12 lakh cr for capital expenditure. Increasing expenditure, we are likely to end this year at Rs 4.39 lakh cr.
Budget 2022: Govt Announces Rs3 06 Lakh Crore Scheme for Power DisComs; Urban Development Receives Rs4 29 Lakh Crores for JJM & SBM; Record Outlay of Rs1 10 Lakh Crore for Railways moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.