Govt plans to spend $2 bn on health, education, amenities

Gunjan Pradhan Sinha Tags : Govt plans, $2 bn on health, education, amenities Posted: Wednesday, Dec 31, 2008 at 0039 hrs

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However, most of the funding from German development agency KFW, will go towards clearly identified infrastructure projects in power and roads. KFW has committed funds worth Euro 316 million annually as development loans to India.

After infrastructure, social sector spending seems to be next on UPA's agenda–a move that is aimed at employment creation and enhanced public spending to beat the adverse impact of the on-going financial crisis.

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