Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
Indian Prime Minister Narendra Modi has initiated a massive program to upgrade the country’s roads, railways, and other infrastructure.
3rd: India’s ranking among Asian economies in terms of GDP
12: The percentage by which India increased its budget for infrastructure spending in 2017
42: The number of kilometers of road India plans to build per day
1.3 million: The number of people directly employed by India’s railways
23 million: The number of people that travel on India’s railways each day
$59 billion: The amount allocated in India’s 2017-18 budget to build and modernize its railways, airports, and roads
$376.5 billion: The amount India plans to spend on infrastructure investment over the next three years
$454.8 billion: India’s projected infrastructure investment needs over the next four to five years
Have something quote-worthy? Share it with us @ReconAsia