Govt to raise infrastructure investment by $11.3 billion

"The government will spend Rs 70,000 crore ($11.3 billion) next fiscal to upgrade infrastructure and attract foreign investment", Arun Jaitley said.

BT Online Bureau   New Delhi     Last Updated: February 28, 2015  | 12:30 IST
Govt to raise infrastructure investment by $11.3 bn
Photo: Reuters

The government will raise investment in infrastructure by $11.3 billion to boost growth, finance minister Arun Jaitley said on Saturday.

"The government will spend Rs 70,000 crore ($11.3 billion) next fiscal to upgrade infrastructure and attract foreign investment", the finance minister said in Parliament as he unveiled his government's first full budget.

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