Investment in infra has boosted GDP growth: Govt

The government today said that increased investment in the infrastructure sector has spurred the GDP growth rate of the country and various committees have been set up to further boost spending on these activities.

In a written reply to the Lok Sabha, Minister of State for Planning and Parliamentary Affairs Ashwini Kumar said that investment in major infrastructure sectors is projected to grow by over two-fold during the ongoing Eleventh Five-Year Plan (2007-12) in comparison to the Tenth Plan (2002-07). "Increased investment in infrastructure has resulted in a higher growth of GDP of 8% in 2009-10 at constant (2004-05) prices," he said. Kumar added that during the Eleventh Plan, investment in ten major physical infrastructure sectors -- including electricity, roads and bridges, telecommunications, railways, irrigation, water supply and sanitation and airports -- is projected at Rs 20,54,205 crore, which is 2.