3,800% increase in investment in the State government’s infrastructure fund for 2016-17 has seen investments in roads, bridges, railways, metro lines, water and power, power plants and schools increase by 2,000%.
A total of Rs 1,09,400 crore has been invested in infrastructure since then, up from Rs 9,800 crore in 2015-16, according to the Ministry of New and Renewable Energy.
The budget for the next financial year, 2019-20, is expected to see an increase of 3,000% from Rs 16,000 crore in the current financial year to Rs 29,000 billion.
The Budget for 2018-19 is expected at Rs 10,000-11,000 in 2019-21, with investment of Rs 10 lakh crore in infrastructure, the statement said.
The budget statement said the expenditure on infrastructure in the last fiscal year (FY18) was Rs 2,634 crore, while the expenditure in FY17 (FY17-18) in the same category was Rs 1.2 lakh crore.