What the last year budget focused:
Sectors such as automobiles, cement, steel, paper, aluminium and fertilisers, which had the lowest capacity utilisation and were on a special focus by the government. Announcements like
`39,61,354 total allocation of crore on infrastructure development, development of selected airports in Tier II & III cities on PPP mode, etc. Expenditure on infrastructure for improving coastal road connectivity from ports to the hinterland, expanding railway connectivity, introducing end-to-end integrated transport solutions in partnership with logistics players, and encouraging PPP for airport developments in certain smaller cities. In-direct boosts such as (a) higher outlay on highways; (b) support for MSMEs through a reduced income tax and (c) boosting money in hands of individuals through lower income tax. The government took the onus of setting up 100 India-International skill centres to address the issue of skilled labour in India. 2.41 lakh crore towards the transport sector (road, rail and shipping).