In the road space, the allocation to the National Highways Authority of India has been stepped up by 23 per cent in the current budget compared with the Budget Estimates of 2008-09. But we to see how through IIFCL; this was translate into about Rs 1,00,000 crore of investment in infrastructure and modifications in PPP model and other modification in bidding process.This would definetly boost indrastrure projects across india.
infrastructure spending has been the key highlight of the Budget. Clearly, the sector is being viewed as the key driver of economic growth .
But at the same time un happy about service tax on Railway fright which us going to affect the project Cost.particularly incase of cement.as the increased spending on on infrastructe would also boost increase in demand for cement and steel and related materials.
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Best personal regards, Shantha kumar
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Shantha Kumar SS
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