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<h1>Core Sector Growth Hits 3.4% in November 2021; Government Boosts Infrastructure with PM Gati Shakti, Rs. 7.50 Lakh Crore Budget.</h1> The growth rate of the core sector in the country increased by 3.4% in November 2021 compared to the previous year, with an overall growth rate of 12.6% for April-December 2021. The core sector significantly impacts the Index of Industrial Production. The government has launched initiatives like PM Gati Shakti for integrated infrastructure planning, alongside measures such as the National Infrastructure Pipeline and Production Linked Incentive Scheme. The Union Budget 2022-23 allocated Rs. 7.50 lakh crore for capital expenditure, a 35.4% increase from the previous year. The Economic Survey 2021-22 estimates a 9.2% GDP growth and 12.5% manufacturing growth for 2021-22.