INFRASTRUCTURE SECTOR: Total outlay for infra sector is Rs 2.21 lakh crore for FY17. The government also plans to launch new credit system for infrastructure companies. Sum allocation of Rs 55,000 crore for roads and highways plus Rs 15,000 crore to be raised by NHAI tax-free bond. Together with capital expenditure on railways and rails in 2016-17 will be Rs 2.18 lakh crore. Further expect to approve 10000 Km of highways in FY2017. 50000 Km of state highways to be taken up for up gradation to NH and Rs 19,000 crore allocated for rural roads development.
Advantage & POSITIVE STOCKS: Larsen & Toubro, Va Tech Wabag, Supreme Industries, IRB Infrastructure, NBCC, Ashoka Buildcon, Gayatri Projects, CCI, GDL, among others, KNR Construction, MBL Infrastructure, Container Corporation of India, LIC Housing Finance, and HDFC, among others