All posts tagged: private sector investments

NDA’s 100-day record shows massive infra push | Latest News India

The National Democratic Alliance (NDA) government has focussed on massive state-funded infrastructure projects, the economy’s main source of investments, to support growth and create jobs, and believes that this will prompt the private sector to catch up, an analysis of programmes announced during the first 100 days of the third term shows. Prime Minister Narendra Modi during the inauguration of SEMICON India 2024, in Greater Noida, on Wednesday. (HT Photo) Since it took oath on June 9, 2024, the Union government has announced ₹15 lakh crore worth of investments in signature projects, research and technology, modernising defence, infrastructure augmentation — including roads, airports, railways, seaports — and affordable housing. The administration has also rolled out an ambitious plan to make semiconductors, the building blocks of all modern devices. India’s second phase of chip-making initiative, Semicon 2.0, will be launched in three-four months, electronics minister Ashwini Vaishnaw said earlier this week. The first phase, rolled out in 2021, had an outlay of ₹76,000 crore. Enhanced digital infrastructure for the financial and agricultural sectors are also in …