The detailed budget speech, one of the most comprehensive ones in recent past did have some significant positives for sectors like Infrastructure, Power, Banking and NBFC, Agriculture reiterating her focus on Affordable housing, Education and Healthcare sector.
India is set to spend USD 1.4 trillion on developing its infrastructure in the next five years, according to the Union Finance Minister Nirmala Sitharaman. The move is seen in the backdrop of the countryâ€™s ambitious goal to become a USD 5 trillion economy by 2024.
There has been a lot of debate in recent times about the need for the National Highways Authority of India (NHAI) to focus on asset monetisation and tap alternate funding avenues, such as toll-operate-transfer (TOT) and infrastructure investment trusts (InvITs), given the huge funding requirement fo..
With NHAI and the private sector re-strategising, the funding crunch and increasing construction costs may derail the countryâ€™s roads and highways sector. Recently, the Prime Ministerâ€™s Office (PMO) stated to NHAI that the Government is reportedly not keen to sustain its large investments in bui..