Page 57 - Abhivruddhi
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Along with this, the RCS, (regional connectivity schemes) hold an
opportunity for development of Airports. There is a policy to extend
full support from The Government of India for all such developmental
initiatives. In the Union budget of 2021, a provision was especially
ensured to support initiatives such as housing for all.
The Government allocated almost 1.89 billion U.S. dollars, to AMRUT
(Atal Mission for Rejuvenation and Urban Transformation) and Smart
cities. With this, they have made a policy that 100% FDI would be
permitted under the automatic route across various infrastructure sectors.
This is a very encouraging policy that will change the total scenario. To
support the Infrastructure in March 2020 the Parliament passed a bill to
set up the National Bank for financing Infrastructure and Development to
fund infrastructure projects in India. A huge investment in infrastructure
has provided momentum to overall investment in India, the foreign
investors are now looking very positive. The construction, development
and infrastructure activity sectors received FDI inflows amounting 26.14
billion U.S. dollars and 25.38 billion U.S. dollars, respectively, in April
2021 and June 2021.
For the financial year, 2021 infrastructure activities accounted for 13
percent, share of the total FDI inflows of US 81.72. billion dollars.
So as far as growth in infrastructure related activities, 2021, financial
growth in infrastructure related activities was as follows:
Power Generation
In electricity generation, the growth was pegged at 3.25%. Electricity
production in India reached 1234.44 billion units in year financial
year 2021. With this the power generation capacity has also increased
at a healthy pace. It is expected that the Indian energy sector will offer
investment opportunities for the foreign investors worth 300 billion U.S.
dollars for the next 10 years. There has been a tremendous increase if
we compare from year 2016 to 2021. The installed electricity generation
capacity in the year 2016 it was 280 Giga Watt, and in the year 2021, it
went up to 382 Giga Watt at a CAGR of 6.39%. !
Road Construction
As far as the speed of road construction per day is concerned, in the
year 2015 it was 12 kms per day, and it was 23 kms per day in year 2017.
Then in 2019 it was 30 kms per day. It has doubled in the two years’ time,
and in the last year 2021, it was 37 kms per day! In the next year, there are
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