Budget 2024: Higher allocation for infra, housing bodes well for cement, construction companies

Government allocates Rs 84,700 crore to PM Awas Yojana, Rs 19,000 crore to Pradhan Mantri Gram Sadak Yojana. Cement makers like Ultratech, Ambuja, Shree, JK to benefit. Rs 26,000 crore for Bihar highways, Rs 15,000 crore Andhra Pradesh package, Rs 24,900 crore for metro projects. 100 cities to receive water supply, sewage, and waste management projects.