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According to the data provided by CRISIL, India’s investments in infrastructure will rise to Rs 143 trillion between financial years 2024 and 2030. It will be more than twice the Rs 67 trillion spent in the past seven financial years. CRISIL estimates India to be the fastest expanding large economy with an average gross domestic product growth rate of 6.7 per cent through FY31. Per capita income is seen rising from $2,500 to $4,500 by fiscal 2031, creating a middle-income country. According to CRISIL’s assessment, prominent sectors, such as roads and power are expected to remain major contributors, while relatively nascent ones, such as electric vehicles (EVs), solar, wind, and hydrogen are expected to grow gradually. EV share in India’s overall automobile sales is likely to reach 30 per cent by 2030. Meanwhile, EV two-wheeler sales are expected to outpace other segments by 2028. The hydrogen sector is poised to attract substantial investments, estimated at Rs 1.5 trillion between FY2024 and FY2030.
The Office of Lokayukta was first established in the Indian state of
Which Article of the Indian Constitution specifies the duties and powers of the Comptroller and Auditor-General of India?
Which city is also known by the name of Sandalwood City?
The term 'Cytokine storm' recently seen in news is related to:
Which Five-Year Plan in India was based on the P.C. Mahalanobis Model?
Which Indian Constitution article deals with the Consolidated Fund of India?
The 1920 session of the Indian National Congress was held in which city?
Which of the following is correct with reference to Financial Emergency under Article 360?
Red Panda is the state animal of which state?
Who is termed as the first law officer of India?