The infrastructure sector has become one of the biggest focus areas for the Government of India. An amount of Rs. 111 lakh crore (US$ 1.4 trillion) has been allocated under the National Infrastructure Pipeline for FY 2019-25 whilst the energy sector is expected to account for 24% of capital expenditure over FY 2019-251.
During the discussion, he said, “India’s shipping sector has witnessed a better performance this year with 12 ports showing profits to the tune of Rs 6,000 crore. We intend to make this figure Rs 7,000 crore in the next financial year.”