Friday, 25 May, 2018

All eyes on Union Budget, may contain dramatic announcements

All eyes on Union Budget, may contain dramatic announcements All eyes on Union Budget, may contain dramatic announcements
Elsie Buchanan | 02 February, 2018, 13:48

A more financially prudent Budget will be an indicator of the government waiting for the short-term negative impacts of GST on the GDP to fade away and job generation to bounce back before the Lok Sabha polls scheduled in May 2019.

Most of this money will be spent on capacity expansion, since it is a priority for the national transporter, Mr. Jaitley said.

Arun Jaitley said that 18,000 km of doubling, third and fourth line works and 5,000 kilometers of gauge conversion would augment capacity and transform nearly the entire network into broad gauge. The central assistance to the city government was Rs 412.98 crore. Besides, 4,267 unmanned level crossings in the broad gauge network would be removed over the next two years to eliminate possibility of road-rail collisions. "The Airports Authority of India has 124 airports". This amount is almost five times the allocation of Rs 200.11 crore as per the revised estimates of 2017-18.

NFL Players React to Alex Smith Trade
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In the Budget, Mr Jaitley has the tough task of appeasing a demanding middle class, revive the rural and agriculture sect-ors and push growth whi-ch is at a four-year low. He also added that 600 railway stations across the country have been picked for modernisation. The focus will also be on a suburban rail network in Mumbai and Bangalore.

WiFi and CCTVs will be progressively provided in all trains and there will be escalators at stations with 25,000- plus footfall. He said regional connectivity scheme of UDAN (Ude Desh ka Aam Nagrik), which would ensure that even those wearing "chappals" will be able to fly, has also been initiated to connect 56 unserved airports and 31 unserved helipads, and operations had already started at 16 airports.

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