Budget 2022: Govt Announces Rs3.06 Lakh Crore Scheme for Power DisComs; Urban Development Receives Rs4.29 Lakh Crore for JJM & SBM; Record Outlay of Rs1.10 Lakh Crore for Railways
0 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 cap...
Source: moneylife.in