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ARTICLE · 06 FEBRUARY 2020

Union Budget 2020 – Infrastructure – An Analysis

The FM focused on infrastructure as part of her second theme for the Union Budget i.e. economic development.

IndiaGovernment, Public Sector

INFRASTRUCTURE

INTRODUCTION

The FM focused on infrastructure as part of her second theme for the Union Budget i.e. economic development. As regards infrastructure, the focus has been on transportation and connectivity as well as increasing the solar power generation capacity, in the backdrop of the larger theme of 'Aspirational India' being development for all.

In line with the overall "Sabka Saath, Sabka Vikas, Sabka Vishwas" principle, the FM also proposed that the National Skill Development Agency would give a special thrust to infrastructure-focused skill development opportunities in light of the huge employment potential of the infrastructure sector. A project preparation facility for infrastructure projects is also proposed to be set up. This step is significant, given that the lack of capacity with the relevant expertise has been identified as a major requirement for the sector.

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