India’s infrastructure push will be among the largest in the 21st century
ECONOMY & POLICY

India’s infrastructure push will be among the largest in the 21st century

India is likely to see implementation of one of the biggest infrastructure programmes in the 21st Century, amongst the largest economies and creating fiscal sources of capital would be key to this initiative, according to the 'KPMG 2024 Infrastructure and Transport CEO Outlook' report.

The report, which comes in the backdrop of India emerging as the world's fastest-growing major economy fuelled by government expenditure on big ticket projects in the highways, seaports, airports and railways sectors, says that steps to unlock foreign and domestic capital via innovative financial structures and facilitating ease of investments will be vital. It says a survey of 120 sector leaders from across the world found that CEOs in the infrastructure and transportation sector anticipate business growth over the next three years, in terms of earnings and headcount.

According to it, 63 per cent of these CEOs expect earnings to grow by over 2.5 per cent over the next three years but they are concerned about the impact of AI and other new technologies

India is likely to see implementation of one of the biggest infrastructure programmes in the 21st Century, amongst the largest economies and creating fiscal sources of capital would be key to this initiative, according to the 'KPMG 2024 Infrastructure and Transport CEO Outlook' report. The report, which comes in the backdrop of India emerging as the world's fastest-growing major economy fuelled by government expenditure on big ticket projects in the highways, seaports, airports and railways sectors, says that steps to unlock foreign and domestic capital via innovative financial structures and facilitating ease of investments will be vital. It says a survey of 120 sector leaders from across the world found that CEOs in the infrastructure and transportation sector anticipate business growth over the next three years, in terms of earnings and headcount. According to it, 63 per cent of these CEOs expect earnings to grow by over 2.5 per cent over the next three years but they are concerned about the impact of AI and other new technologies

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Infrastructure Urban

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

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Infrastructure Urban

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

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Infrastructure Urban

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..

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