Govt infra spending grows 38.8% in five years: Economic Survey

  • Industry News
  • Jan 31,25
India's power sector expanded with installed capacity rising 7.2% YoY to 456.7 GW by November 2024.
Govt infra spending grows 38.8% in five years: Economic Survey

The Union Government's capital expenditure on key infrastructure sectors grew by 38.8% between FY20 and FY25, with momentum picking up between July and November 2024, according to the Economic Survey 2024-25.

India's power sector expanded with installed capacity rising 7.2% YoY to 456.7 GW by November 2024. Renewable energy capacity grew 15.8% YoY, reaching 209.4 GW by December. Average daily power supply improved to 23.4 hours in urban areas and 21.9 hours in rural areas in FY24.

Under the Jal Jeevan Mission, 120 million families have gained access to piped drinking water since its launch. The number of ODF Plus villages (model category) has reached 364,000 under the Swachh Bharat Mission-Grameen.

In urban housing, 8.9 million houses have been completed under PMAY-U, with PMAY-U 2.0 launched to provide homes for an additional 10 million households. Metro and rapid rail systems are operational or under construction in 29 cities, with daily ridership reaching 10.2 million.

Under AMRUT, tap water coverage has increased to 70%, while sewerage coverage reached 62%. The Smart City Mission has completed 7,479 projects worth Rs 1.50 trillion.

India’s space sector has 56 active assets, including 19 communication and 24 earth observation satellites. NSIL recently launched 72 OneWeb satellites and GSAT-20 in collaboration with SpaceX.

The Survey emphasises the need for enhanced private sector participation, improved project management, and stronger public-private partnerships to accelerate infrastructure development.

(PIB.GOV)

Related Stories

Electrical & Electronics
Alpex Solar’s Q3 profit surges 423%, expands manufacturing capacity

Alpex Solar’s Q3 profit surges 423%, expands manufacturing capacity

Alpex Solar also plans an additional 1.2 GW module manufacturing plant and an aluminum frame production facility, both slated to begin operations by December 2025.

Read more
Electrical & Electronics
Elektrolites will be unveiling smart grid solutions in 2025: Anil Saboo

Elektrolites will be unveiling smart grid solutions in 2025: Anil Saboo

In this interaction, Anil Saboo, CMD, Elektrolites Power Pvt Ltd, explains the trends in the industry and the company's plans for ELECRAMA 2025.

Read more
Electrical & Electronics
Wirepas Displays Smart Metering Innovations at ELECRAMA 2025

Wirepas Displays Smart Metering Innovations at ELECRAMA 2025

Wirepas is also set to showcase its pioneering Wirepas 5G Mesh, the world’s first non-cellular 5G connectivity network designed for enterprise IoT.

Read more

Related Products

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016