Modi Government Approved Infra Projects Worth Rs 3 Lakh Crore In 100 Days Of Third Term

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.