Budget 2022: Infrastructure players call for measures to set the sector rolling again
Robust infrastructure is a pre-requisite for national development, economic growth and improving the lives of citizens. That being the reason, creation and expansion of infrastructure, like roads and highways, railways network, ports and logistics, and waste management mechanism, has always been at the centre of economic activities. However, following the outbreak of Covid-19 pandemic and subsequent lockdowns slowed down the construction activities for various reasons, including shortage of workforce, lack of demand and of course shrinking of funds availability, among others. It was only following various timely interventions from the government that the economic activities started picking up as the pandemic went on the wane. But, in the wake of the emergence of Omicron variant of Covid towards 2021-end and possibilities of more such variants impacting various businesses in the days ahead, infrastructure sector players look forward to more provisions for them in the Union Budget 2022. ...