New Delhi |Jagran Business Desk: Finance Minister Nirmala Sitharaman presented the Union Budget 2020 on Saturday at the Parliament. While presenting the budget, she announced a number of new schemes to revive the sagging economy. Sitharaman started her speech by paying homage to the former finance minister late Arun Jaitley.
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Among the schemes, reforms and budget allocation for different sectors presented in the budget, Nirmala Sitharaman announced that Rs 1.7 lakh crore has been allocated for transport infrastructure in Union Budget 2020-21 and added that 100 more airports will be developed by 2024 to support the UDAN (Ude Desh ka Aam Naagrik) scheme.
"India's domestic aviation sector has been growing and UDAN scheme has contributed to the growth. 100 more airports will be developed by 2024 to support the UDAN scheme," said Sitharaman while presenting the budget for 2020-21.
The Centre's scheme UDAN was launched with the objective of making air travel affordable for common citizens of the country. The government has a target to increase the number of aircraft fleet from the present number of 600 to 1200 by the year 2024 under the UDAN scheme, said Nirmala Sitharaman.
She said more Tejas like trains will be developed in India. "Around 1,150 trains will run under the public-private partnership (PPP) model. We will redevelop four railway stations with the help of the private sector. Also, more Tejas type trains will be developed to connect iconic tourist destinations," she said while presenting the Budget 2020-21.
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Sitharaman said a proposal was under consideration for setting up large solar panel capacity alongside the railway tracks on land owned by railways. The Union Minister said Rs 1.7 lakh crore has been provided for transport infrastructure in the union budget
(With ANI Inputs)
Posted By: Talib Khan