Mumbai, Feb. 1 -- The Finance Minister announced measures to upgrade infrastructure in the country.
The FM announced that each infrastructure ministry to come up with 3 PPP proposals. The FM also mentioned Rs 1.5 lakh crore interest free loans for capex and incentives for reforms. Over 2025-30 asset monetization plan to be launched.
The state capex linked loans at 1.5 lakh crore for FY26.
An urban challenge fund to be set up of Rs 1 lakh crore for redevelopment of cities. Jal jeevan mission is extended till 2028 to ensure 100 percent coverage. Since 2019, 80 percent coverage of rural population has been achieved.
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