<h1>Finance Minister Boosts Infrastructure Spending by 23.3%, Allocates Rs.2.14 Lakh Crore in 2011-12 Budget.</h1> The Finance Minister announced a significant allocation of Rs.2,14,000 crore for the infrastructure sector in the General Budget 2011-12, marking a 23.3% increase from the previous year. This represents 48.5% of the Gross Budgetary support to plan expenditure. To further boost infrastructure in railways, ports, housing, and highways, Rs.30,000 crore in tax-free bonds will be issued by government undertakings, including Rs.10,000 crore each for Indian Railway Finance Corporation and National Highway Authority of India, and Rs.5000 crore each for HUDCO and Ports. The India Infrastructure Finance Company Limited aims for a Rs.25,000 crore disbursement by March 2012.