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Infrastructure sector is a key driver for the Indian economy. Infrastructure sector includes power, bridges, dams, roads and urban infrastructure development.
In 2018, India ranked 44th out of 167 countries in World Bank’s Logistics Performance Index (LPI) 2018.
Budget 2019
Two king-sized numbers stand out in Nirmala Sitharaman’s budget: Rs 100 lakh crore and Rs 50 lakh crore. The numbers — estimates of investments required for infrastructure development across the country and the railways, respectively — suggest the government is now willing to make enough space for private players who can bring in the money.
Setting up of a panel
The private sector, which contributes one-third of the investment into the core sector in India, needs to be cajoling a lot to ensure a flood of money comes in. The Finance Ministry has proposed to set up a panel to do the job.
Roads-
Waterways-
Railways-
Launch of station modernization programme
Aviation-
Logistics-
Some measures that may be undertaken by the government to foster logistics infrastructure development include-
Focus on “one nation, one grid”
Liquidity is key-
By: Cammy Garg ProfileResourcesReport error
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