Focus on rail freight corridors and accelerated infra investments: Key takeaways from Budget 2021

February 23 , 2021

Source: Financial Express:

The Indian logistics industry today is at an inflection point. During the COVID-19 pandemic and the subsequent nationwide lockdown, the logistics sector played a frontline role in maintaining the intactness and continued functioning of domestic supply chains. This ensured an uninterrupted flow of essential goods and services across the geographical expanse of the country without disruptions. Budget 2021 presented by Nirmala Sitharaman has played an enabling role in bolstering the functional competencies of the sector by announcing key industry-friendly proposals. These include asset monetizing the Dedicated Rail Freight Corridor (DRFC) by Indian Railways for operations and maintenance, boosting investments to improve rail and road infrastructure in the country and building new economic corridors.

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