The direct capital investment by the Centre is complemented by the provision made for creation of capital assets through Grants-in-Aid to States.
Capital investment outlay is being increased steeply for the third year in a row by 33 per cent to Rs. 10 lakh crore, which would be 3.3 per cent of GDP. This will be almost three times the outlay in 2019-20.
The ‘Effective Capital Expenditure’ of the Centre is budgeted at Rs. 13.7 lakh crore, which will be 4.5 per cent of GDP.
The Harmonized Master List of Infrastructure will be reviewed by an expert committee for recommending the classification ....
