The government has approved infrastructure projects totaling Rs 3 lakh crore within the first 100 days of its third term, Union Home Minister Amit Shah said at a press conference on Tuesday. The approval spans various sectors including roads, railways, ports, and airways.
Some of the social welfare and economic support measures include:
Tax Relief and Benefits: Introduction of tax relief measures for salaried individuals, including increased standard deductions and exemptions.
Housing and Renewable Energy: Approval for the construction of three crore houses under the Pradhan Mantri Awas Yojana. Installation of solar energy systems in over 2.5 lakh homes, and procurement of e-buses worth Rs 3,400 crore.
Startup and Innovation Support: Abolition of the 31% Angel Tax, reduced corporate tax for foreign companies, and a new Rs 1,000-crore venture capital fund for space sector startups.
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