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CAPACITY ADDITION IN PHYSICAL CONNECTIVITY SECTORS STAYS ON COURSE DURING FY25: ECONOMIC SURVEY 2024-25

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..... CAPACITY ADDITION IN PHYSICAL CONNECTIVITY SECTORS STAYS ON COURSE DURING FY25: ECONOMIC SURVEY 2024-25
Budget
Dated:- 31-1-2025

CONTINUED STEP-UP OF INFRASTRUCTURE INVESTMENT OVER THE NEXT TWO DECADES IS NEEDED TO SUSTAIN A HIGH RATE OF GROWTH EXPANSION OF RAILWAY NETWORK STAYS AT LEVELS COMPARABLE TO THE PREVIOUS YEAR, ROLLING STOCK INCREASED CONSIDERABLY PORT CAPACITY IMPROVES SIGNIFICANTLY IN FY25, AVERAGE CONTAINER TURNAROUND TIME REDUCES SUBSTANTIALLY 619 ROUTES CONNECTING 88 AIRPORTS OPERATIONALISED UNDER UDAN SCHEME AIRPORT CARGO HANDLING CAPACITY REACHES 8.0 MILLION MT IN FY24 The Economic Survey stated that the capacity addition in physical connectivity sectors stayed on course during FY25. India's development as .....

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..... pirations in the coming decade entail substantial investment in infrastructure, states the Economic Survey 2024-25, which was tabled by Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in the Parliament today. RAILWAYS The progress in the expansion of the railway network stayed at levels comparable to the previous year, while the addition of rolling stock increased considerably. The focus on railway station infrastructure and modernisation of locomotives and coaching stock have improved passenger amenities in the railway sector. Indian Railways is also modernising its signalling and safety systems to enhance operational efficiency and safety across its vast network. Elimination of mechanical signaling, Kavach Automate .....

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..... d Train Protection system, Electronic interlocking, Automatic Block Signalling, Signal design automation tool for electronic interlocking are some of the initiatives in this regard. Recent initiatives in the rail system • Gati shakti multi-modal Cargo Terminal (GCT): 91 GCTs commissioned and 234 locations approved by October 31, 2024. • Net zero carbon emission: Indian Railways targets 30 GW of renewable energy by 2029-30, with 375 MW of solar and 103 MW of wind commissioned as of October 2024. • Major economic corridors: 434 projects valued at ₹11.17 lakh crore have been identified under three railway corridors, mapped on the PM GatiShakti portal. • Public Private Partnership (PPP): 17 projects have been comp .....

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..... leted (₹16,434 crore) and 8 ongoing (₹16,614 crore) under the PPP model • Vande Bharat trains: Between April and October 2024, 17 new pairs of Vande Bharat trains were introduced to the network, and 228 coaches were produced. PORTS, SHIPPING AND INLAND WATERWAYS Port capacity improved significantly in FY25, leading to improvements in operational efficiency and reduction in average container turnaround time in major ports from 48.1 hrs in FY24 to 30.4 hrs in FY25 (April-November). Initiatives in Ports, Shipping and Inland Waterways Sector * The Central Government approved 98 PPP projects, including 23 captive projects, worth around ₹69,800 crore, excluding the Vadhavan Port Project with a PPP investment of ͅ .....

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..... 7;38,000 crore. * Currently, 56 projects valued at ₹41,480 crore are operational, increasing port capacity by approximately 550 million tonnes per annum (MTPA). * In October 2024, the National Maritime Heritage Complex in Lothal was approved, featuring a museum with 14 galleries, the tallest lighthouse museum, India's largest Navy gallery and themed amusement parks. * The international container transshipment port at Galathea Bay, Great Nicobar Island, has been planned to enhance cargo transshipment from Indian East Coast ports and neighbouring countries. * Urban Waterways Projects, valued at ₹1,303 crore, are underway, with 16 of the 30 projects already completed, benefitting over 35 lakh passengers while facilitating t .....

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..... he transport of more than 5 lakh vehicles and 1 lakh cargo trucks. * India is enhancing waterway connectivity to the North-East by developing waterways in Bangladesh and funding 80 per cent of the ₹305 crore project. * India is also investing ₹1,010 crore to improve the Brahmaputra and Barak rivers and the Indo-Bangladesh Protocol route. ROAD TRANSPORT India has a total road network of 63.4 lakh km, including National highway (NH) network of 146,195 km. NH network forms the arterial backbone of road transport network as even though it comprises only 2 per cent of total road network yet it carries about 40 per cent of the overall road freight traffic. Initiatives in Road Transport Sector * The shift from project-based na .....

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..... tional highway development to corridor-based approach helped increase the highway length from 91,287 km in 2014 to 1.46 lakh km in 2024. * Bharatmala Pariyojana, Char Dham Mahamarg Pariyojna, National High-Speed Corridors and 4-lane and above - National Highways. * Key initiatives undertaken to improve road connectivity include advanced traffic management on highways, establishment of logistics parks, sustainable vehicle scrapping, and ongoing ropeway projects. CIVIL AVIATION Airport operators and developers, including the Airports Authority of India, are pursuing a capital expenditure plan exceeding ₹91,000 crore from FY20 to FY25. About 91 per cent of this has been achieved by November 2024. Initiatives in Civil Aviation * .....

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..... Under UDAN scheme, 619 routes connecting 88 airports, including two water aerodromes and 13 heliports, have been operationalised so far. * The airport's cargo handling capacity has been gradually increasing, reaching 8.0 million MT in FY24 DIGITAL CONNECTIVITY Digital connectivity has made major advancements in digital inclusion, technological innovation, and regulatory reforms this fiscal year, all in line with the government's vision for a Digital India. Initiatives in Digital Connectivity Telecommunications * By October 31, 2024, 5G services were launched in all states and union territories. * In August 2024, the Universal Service Obligation Fund was rechristened Digital Bharat Nidhi (DBN). Bharat Net Project, Comprehen .....

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..... sive telecom development plan for north-eastern region, Telecom development for Andaman & Nicobar Islands and Lakshadweep Islands, Mobile services in uncovered areas and Aspirational districts scheme are some initiatives under DBN. Information Technology * As of November 30, 2024, the National Informatics Centre supports 1,917 applications on its cloud, under MeghRaj, the GI Cloud initiative. * The government has empanelled 23 public and private cloud service providers to address the cloud needs of user departments. Economic Survey 2024-25 states that India needs a continued step-up of infrastructure investment over the next two decades to sustain a high rate of growth. Accelerating our efforts to build integrated multi-modal transpor .....

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..... t, coupled with the modernization of existing physical assets, will improve efficiency and last-mile connectivity.
News - Press release - PIB .....

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