Logistics and Infrastructure takes Center Stage at Budget 2017

The 2017 financial and rail budgets being presented together was a historic shift for the Government. The push has been maintained towards modernizing the nation’s logistics infrastructure and encouraging movement of good via multi-modal channels.A few highlights of the Union Budget and what implications they would have on the logistics and technology sectors:Transportation infrastructure has taken a lion’s share of the 2017 budget with an outlay of Rs 2.41 lakh crore (11% increase over the 2016–17 budget).2,000 km of coastal roads (Bharat Mala) to be constructed which will increase connectivity to ports with a total outlay of Rs 64,000 Crores…