The month of May this year brought an entire stream of good news for every resident of the country as Mr. Modi got the lead over all the other political parties. He was the man behind the entire campaign, a powerful candidate who is now our Prime Minister. Through the elections, many promises came from his party, which were strongly being challeneged by the other opponent teams, but our present Prime Minister seems to be proving all of them wrong with his futuristic, but realistic plans. He doesn’t just aim to make our future better, but is seen making all the possible efforts to make the present a bit more satisfying. Of all his plans, infrastructure turns out to be one of the major moves he would be taking for the country’s development.
The Indian citizens have been lured with many infrastructure plans since years, but the ones being formulated by the Modi Government look realistic and promising. Infrastructure is being projected as a major element that would add to the country’s strengths. Many investments are on the cards for India’s infrastructure development, which will directly add to the engineering jobs in the country as well.
Here are some details about the construction activity in the country that would strengthen your faith in the projected development plans and even better job prospects for engineers. Under the Make in India campaign, the country expects its infrastructure investments to be USD 1,000 Billion at the end of 2017. As per the sources, 40% of this figure would come from the private sector. Of this projected investment, 45% would be for construction, whereas 20% would be utilized to modernise the construction sector.
These figures directly state the kind of opportunities our engineers would get to encounter in the years to come. This predicts more and alluring jobs for civil engineering in the country. The present Indian government is looking forward to launch an urban development mission, under which, 500 cities would be developed besides the ones that are significant in terms of religious interests. Besides, the construction of highways, port led development, optical fibre networks, gas grids and water grids are being seen as a major concern by the government. Another major move in this direction is the FDI policy, wherein 100% FDI is permitted in townships, housing, built-up infrastructure and construction-development projects through the automatic route.
With such an elaborated plan for infrastructure in India, the engineers can surely expect more jobs to come up. For the construction plans, the government would pace up the hiring so as to align with these plans and as a result, the employment prospects for civil engineers and other workforce in the construction industry would be better.