Indian Economy Analysis Election & Stock Market Investment

Sector: Infrastructure Special mention: EVs Special scheme in transport:

Jalmarg Vikas Project
 The government is planning to invest
almost Rs. 100 lakh crores in the Govt. plans India to
become a global
infrastructure improvement over the  Capacity Augmentation of navigation on
manufacturing hub of EVs
next 5 years with special focus on National Waterways is the key motive of
transport modes like Road, Air, Additional Tax benefit of Rs. this coveted project.The major motives
Shipping and inland waterways, 1.5 lakh on the interest paid announced by govt.:
railways, electric vehicles etc. on loans to buy EVs
announced in the budget.
• Reducing the cost of transportation
Jalmarg
i. The GST rate on EVs • Increasing competitiveness of
Bharatmala reduced from 12% to 5%.
phase 2
Vikas & ii. Many policies by the
domestically produced goods
launched
Sagarmala government to encourage • Improving logistics by supplying faster
initiated higher adoption of EVs and and more damage free products.
reforms to increase the
penetration and improve
 Government is  Government laid required infrastructure is  Multi modal terminals planned at the
focused on: emphasis on underway. following strategic places:
 Developing State projects like iii. Major players like Maruti
Road Networks UDAAN Suzuki, Tata Motors,
Hyundai etc. are coming up a) Varanasi
 National Common  Railways has with a good range of b) Sahibganj
Mobility Card 657km network products.
Launched which operational now
c) Haldia
will give a and its operating Source:
common platform ratio improved https://www.indiatoday.in/auto/latest-auto-news/story/budget-2019
for several modes. dramatically. https://www.autocarindia.com/car-news/finance-minister-policy-measures-