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PM Modi to present webinar for effective implementation of budget provisions in infrastructure sector




It will include representatives of major financial institutions, funds, dealers and contractors, consultants and subject matter experts.

By | Written by Deepali Sharma, Hindustan Times, New Delhi

PUBLISHED FEBRUARY 16, 2021 8:33 a.m.

Prime Minister Narendra Modi will deliver a webinar to detail a roadmap for an effective implementation of the provisions of the Union budget 2021-22 in infrastructure development. The Premier will address the webinar that will involve more than 200 participants from all sectors on Tuesday at 4 p.m.

It will include representatives of major financial institutions, funds, dealers and contractors, consultants and subject matter experts. Panelists will focus on sharing their ideas regarding improving the quality of infrastructure and accelerating its development through advanced technology and attracting greater investment in the sector.

Read also | The price of gasoline is approaching 90 brands in Delhi after another hike

Experts in the infrastructure sector welcomed the budget presented by Minister of Finance Nirmala Sitharaman on February 1, 2021 to heart. They believe the Minister of Finance tried to revitalize the sector. In the budget speech, Sitharaman announced a 34% increase in capital spending for the sector, including the establishment of special development finance institutions to facilitate the financing of infrastructure projects.

The online seminar will be followed by two parallel breakout sessions that will discuss senior officials from various ministries and cross-cutting experts with the aim of compiling a list of achievable projects to accelerate the implementation of the budget vision and drafting an implementation roadmap implemented. Ongoing consultations are also planned with stakeholders on the implementation of the finalized strategy.

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