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Stepping Up Capex In Budget Will Boost Logistics, Connectivity Across Country: IRF

It said the increased allocation will ensure time-bound creation of world-class transport infrastructure and improve logistics and connectivity across the nation

Union Budget 2023-24
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The International Road Federation (IRF) on Thursday  welcomed the increased allocation of Rs 10 lakh crore as capital expenditure in Union Budget, saying it will help boost logistics and connectivity across the nation.

IRF in a statement also welcomed the thrust of the Budget on seven growth engines of PM GatiShakti, including roads, railways, airports, ports, mass transport, waterways and logistics.

It said the increased allocation will ensure time-bound creation of world-class transport infrastructure and improve logistics and connectivity across the nation.

IRF India chapter president Satish Parakh said stepping up capital expenditure will help boost economic growth while strengthening infrastructure and creating enormous employment.
 

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