Ab is plan ka asli maqsad kya hai? Government chahti hai ki infrastructure ko economic engine banaya jaaye. Yeh seven corridors, jo Mumbai–Pune, Pune–Hyderabad, Hyderabad–Bengaluru, Hyderabad–Chennai, Chennai–Bengaluru, Delhi–Varanasi, aur Varanasi–Siliguri ko jodenge, desh ki economic activity ko ekdum se badha denge. S&P BSE India Infrastructure Index jaise benchmark abhi 568.25 ke aas-paas chal rahe hain. Historicaly, railway stocks ne Budgets mein infrastructure allocation badhne par achha reaction diya hai, haalanki Budget 2025 ke baad thoda investor fatigue dikha tha.
Aur paisa kitna lagne wala hai? Budget mein government ne FY27 ke liye apna capex 10-15% badhane ka socha hai, matlab ₹12 se ₹12.5 lakh crore tak. Ye sab National Infrastructure Pipeline (NIP) 2.0 ka bhi hissa hai, jismein high-speed rail aur logistics corridors ko support kiya jayega. Bade projects se bade players ko fayda hota hai. Jaise Larsen & Toubro (L&T) ka market cap ₹5.45 lakh crore hai aur P/E 32.65 hai. Rail Vikas Nigam Ltd (RVNL) ka P/E 62.48 hai aur market cap ₹70,942 crore hai. Ye figures dikhate hain ki established companies premium valuations par hain, par sustained order flow se yeh multiples maintain reh sakte hain. Infrastructure projects ke liye regulatory framework kaafi complex hai.
Is initiative se sirf rail hi nahi, steel, cement aur manufacturing jaise allied industries ko bhi tagda boost milega, jisse employment aur skills upgrade hongi. Analysts ko lagta hai ki infrastructure mein capex aise hi badhta rahega, FY27 mein central government ka capex 10% year-on-year badh kar ₹12 lakh crore se zyada ho sakta hai. Agar ye high-speed corridors efficiently execute hue toh India ki connectivity aur economic potential dono transform ho jayenge.