In Union Budget 2022 under PM Gati Shakti plan, Finance Minister has identified 7 engines for multi-model connectivity which will facilitate a faster moment of people and goods.
A plan for expansion of the Expressway network in India under the Gati Shakti plan will be formulated in 2022.
The Finance Minister has also declared a 25000 km expansion in the national highway network for the financial year 2023.
After this, there has been a good rise in the stock of the infra and construction sector, in which the share price of PNC Infratech has seen a growth of 4.95%, and KNR Construction, IRB Infrastructure, and NCC Ltd. have increased by more than 3.5%.
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PM Gati Shakti plan: FAQ
In Union Budget 2022 under PM Gati Shakti plan, Finance Minister has identified 7 engines for multi-model connectivity which will facilitate a faster moment of people and goods.
PM Gati Shakti Plan was introduced in the 2022-23 budget.