Category Economy and Infrastructure

Pradhan Mantri Gram Sadak Yojana: Charting the Way to Rural Progress 

As India marches toward being a $5 trillion economy, PMGSY remains an important tool for inclusive growth. The scheme is a model of how focused development of infrastructure can spur multidimensional development results in rural India.

National Maritime Day- 5th April

National Maritime Day is observed annually on April 5th in India to commemorate the historic voyage of SS Loyalty in 1919, marking the country's entry into international shipping. This momentous event laid the foundation for India’s self-reliance in maritime trade, challenging colonial dominance over sea routes. Established in 1964, the day recognizes the contributions of the maritime sector to India’s economy, raises awareness about emerging challenges, and highlights growth opportunities.

Unlocking Public Assets – Evaluating India’s Asset Monetization Plan 2025-30

In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced India's Asset Monetization Plan 2025-30, a strategic approach to leverage the existing public infrastructure assets and create non-tax revenue to reinvest in new infrastructure projects. This new initiative is based on the earlier National Monetization Pipeline (NMP) 2021-25, which plans to generate ₹10 lakh crore through monetizing these functioning brownfield assets across sectors, including Highways, Railways, Power, Telecom, and Aviation. This is also consistent with the government’s broader goal of fiscal discipline and sustainable infrastructure development.

Jawaharlal Nehru National Urban Renewal Mission (2005): Inception, Progress and Way Forward

Rapid urbanization in India creates simultaneous developmental advantages and various complications for national growth. The Government of India introduced the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in 2005 as its principal urban development program to manage increasing urban demands.

Purvodaya: Transforming Eastern Region of India into an Economic Powerhouse

The concept of Purvodaya was first introduced by the Prime Minister Narendra Modi in 2015 during the inauguration of an Indian Oil Corporation refinery in Paradip, Odisha. The initiative stepped up in Union Budget 2024-25 with Finance Minister Nirmala Sitaraman allocating significant funds for infrastructure, industrial and skill development programs in the region. This policy aims to position India as a global economic powerhouse by leveraging the potential of all regions under the broader vision of Viksit Bharat 2047.

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