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    Budget 2023: Transportation sector to see focus on execution, Gati Shakti and monetisation

    Given the government’s continued focus on growth, we expect the capex investment trend to continue in 2023, and probably be higher than last year’s investment

    Jagannarayan Padmanabhan
    January 30, 2023 / 10:42 AM IST
    Budget 2023: Transportation sector to see focus on execution, Gati Shakti and monetisation

    We expect the budget to give a larger role to the PM Gati Shakti programme and probably lay greater emphasis on projects that have a pan-sectoral impact. (Representative image)

    Union Budget 2022 made clear the government’s intention to take the economy towards $10 trillion in the coming decade, even as India had barely shaken off the aftereffects of the pandemic. The budget was expansionary in nature and made a significant increase in infrastructure spending. The announcements had a medium to long-term roadmap, both in terms if investment and impact. There were three primary themes — a) Integrated mobility, through the launch of the Pradhan Mantri Gati Shakti programme; b)...

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