Monday, January 20, 2025

Infrastructure Development- Growth Sector India 2026,

 

Infrastructure Development

Transportation and Connectivity

  • Highway Development:
    • National Infrastructure Pipeline (NIP): $1.4 trillion investment in highways and railways.
    • Bharatmala Project: Construction of 34,800 km of highways.
  • Railways:
    • Electrification of 100% of rail routes by 2030.
    • Semi-high-speed rail projects like Vande Bharat trains.

Waterways and River Linking

  • Initiatives:
    • Inland Waterways: 23 operational routes by 2026.
    • Ken-Betwa River Linking Project: Addresses irrigation for 1.08 million hectares.
  • Projections:
    • Logistics cost reduction by 4-5%.
    • Contribution to GDP: Transportation ~10%, waterways ~1.5%.

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