Government eyes Rs 25 lakh crore infra investments to create 4 crore jobs

Government eyes Rs 25 lakh crore infra investments to create 4 crore jobs

Union Minister Nitin Gadkari mentioned that the government expects to investments worth Rs 25 lakh crore in the infrastructure sector by 2019 which will help generate 4 crore jobs. First two years will be projected on correcting the legacy we had inherited of stalled projects. Over Rs2.5 crore will be spent on addressing the roadblocks. “We expect investments worth Rs 25 lakh crore in the sector in the next three years. We rolled out the majority of the 403 stuck projects worth Rs 3.85 lakh crore. The developers who were shying away were brought back again and now the stage is set for an unprecedented work,” Road Transport and Highways Minister Gadkari mentioned in a statement.

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