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INR 8.69 Lakh Crore of Investment in the Power Sector: Revitalizing the Sector is the Utmost Priority

News:

The Narendra Modi government plans to pump around Rs 12.61 lakh crore into the economy over seven years. Understanding where this money will be spent provides an insight into the government's thinking and priorities. An analysis by Business Standard shows the bulk of this investment will be in the energy sector (Rs 8.69 lakh crore), followed by infrastructure. 

Source:- BS

SNP Insight:

Around 69% of the total investment in the economy over seven years, is to be invested in the power sector. This investment shows that the highest priority is being given to the revival of the sector, further it might also help govt's target of providing "Power to All" by 2019.

Source:- SNP Infra Research