Building Infra in an Investment Boom
AS THE DECKS ARE CLEARED for Budget 2022-23 in the long shadow of the pandemic, budgetary allocations on infrastructure will impact the pace of economic activity and renewed growth. It goes beyond academic interest, therefore, to understand how the government will stimulate longterm sustainable finance for the sector and boldly put together a viable business case for large-scale private investment that shares in the socio-economic benefits. The latter, through regulatory reforms that allow for alternative avenues of finance, such as pension funds.
Infrastructure Development and Financing Today
Much has been done. For a start, about ₹111 lakh crore is to be invested in the National Infrastructure Pipeline (NIP), an amalgam of roads, highways, bridges, railways and urban infrastructure expected to decimate bottlenecks to movement of
