The transformative power of the PPP model can be enhanced and deepened through better governance, refined regulations, and transparent and inclusive contracting. Strengthening the existing laws and institutions framed for it should be pursued as a matter of policy. Our OPeD piece was published in the Tribune, Chandigarh, today.
suresh kumar’s Post
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Views are strictly personal. In my article (https://lnkd.in/g3bWwD2j), I raise concern about the frequent mishaps that our infrastructure suffers from. I also give the following suggestions (attention to these softer aspects would improve the effectiveness of infrastructure-related announcements in the coming budget): 1. No Government agency is collating information on total infrastructure investment (from Central and State Governments, Internal and Extra Budgetary Resources (IEBR) of the Public Sector, and Private sector) in the country. When we are giving so much importance to infrastructure for sustaining our high growth rate, we need to plug this loophole in the interest of evidence-based policy making. 2. Private participation in infrastructure needs to be encouraged, but not at any cost. Properly valuing the risks allocated to the public sector in the Hybrid Annuity Model (HAM) would reveal that it is negative value for money for the Government. Value for Money analysis needs to be incorporated into the project appraisal process in the Public-Private Partnership Appraisal Committee in the Department of Economic Affairs, Ministry of Finance. 3. Prioritizing the competent staffing of infrastructure regulatory agencies and improving their capacity is crucial. In this regard, the bidding parameter (per passenger fee in the case of airports) should never be treated as costs to be compensated by higher user development fee/ passenger service fee, for preventing competitive bidding for these airports from becoming a farce. 4. Model Concession Agreements (MCAs) need to be developed for social sectors (health, education, municipal solid waste, etc) at the Central Government level with balanced risks and rewards to attract private investment in these sectors. #infrastructure #ppp #airports #roads #health #education #iimahmedabad #iimlucknow #lmtsm #isb #iimshillong #mdigurgaon #governmentofindia #ministryoffinance
Crumbling infrastructure threatens India’s economic growth
https://www.policycircle.org
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PM Modi Highlights Unprecedented Development in #Infrastructure, #Housing, and Economy During Third Term #PMModi #Development #Economy #Growth #GDP #Finance #Technology https://lnkd.in/g9ed--y4
PM Modi Highlights Unprecedented Development in Infrastructure, Housing, and Economy During Third Term
knnindia.co.in
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As India advances in #Infrastructure construction, policymakers are identifying significant investment gaps across sectors. The #InfrastructureSector is booming with increased government spending, but project delays could hamper progress. The Secretariat takes a closer look at these challenges and opportunities. Curious for more? Abhijit Mukhopadhyay has more on it: https://lnkd.in/gKR9fHC9 #InfrastructureFinance #Finance #PSUBank #Infrastructure #CreditGrowth #UrbanisingIndia #PolicyMatters
Infrastructure Sector On A High As Govt Spending Goes Up But Project Delays May Spoil The Party
thesecretariat.in
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Through our latest article, Shriyani Datta and I explore the challenges of using multi-level corporate structures in India's infrastructure sector, more specifically due to the recurring and unintentional NBFC/CIC classification issue, and discuss exemptions for structures mandated by regulations, challenges for holding companies, and the potential way forward. Happy reading and look forward to your thoughts too! Read more here: https://lnkd.in/gzDuY4tU
Investing in Indian infrastructure companies: The recurring NBFC/CIC classification issue
lexology.com
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Finance Minister Nirmala Sitharaman in an interview on Wednesday (May 15) attributed the revival of the infrastructure sector to Prime Minister Narendra Modi’s hands-on approach and vigilant oversight. Sitharaman highlighted how the sector had languished under #policy stagnation during the #UPAregime. In stark contrast, she emphasised the current administration’s proactive stance, led by Modi, in prioritising infrastructure development and capital expenditure to fortify the Indian economy. #FM #NirmalaSitharaman #NarendraModi #Infrastructure #Railways #Development #IndianEconomy
From railways modernisation to new airports, India’s infrastructure thrives under PM Modi: FM Nirmala Sitharaman
financialexpress.com
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Higher Paths that wield in success! A safer and intelligent network is a stringent structure.
Finance Minister Enoch Godongwana unveils bold infrastructure reforms aimed at private-sector partnerships to boost SA’s growth and job creation. #Moneyweb #MTBPS2024 https://ow.ly/lt3F50TWVwx
Bold infrastructure reforms announced to lift SA onto a ‘higher path’
moneyweb.co.za
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2L-cr highway projects to be approved by Dec 📣 The government aims to approve ₹2 lakh crore worth of highway projects by December-end. 📣 ₹51,000 crore in projects have already been approved, with another ₹40,000-50,000 crore under process. 📣 Funds for highway development are secure, despite NHAI’s debt. The ministry targets building 10,421 km of highways this fiscal, 15% lower than last year. 📣 Capital expenditure for FY2024-25 is set at ₹2.72 lakh crore. 📣 Funding sources include budget allocations, toll-operate-transfer (TOT), and infrastructure investment trusts (InvITs). Rishabh Kale
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#EconomicSurvey 2024: Govt urged to boost private sector infrastructure financing for sustained growth. 🏗️ Public sector vital, but private sector funding key for large-scale projects. Read more🔽 #Infrastructure #public #private #government | Yaruqh Khan
Govt should boost private sector financing in infrastructure for continuous growth says Economic Survey 2024
moneycontrol.com
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In its FY24/25 budget, the Indian government allocated ₹11.11 lakh crore ($134 billion) towards infrastructure development, marking a historic investment to boost connectivity across the nation. This capital expenditure (CapEx) focuses on modernizing roads, railways, and regional transport networks. Major urban corridors such as the Delhi-Mumbai route are seeing rapid development, while high-speed corridors and National Highway projects have significantly improved logistical efficiency. A key element of this push is the use of public-private partnerships (PPP) to enhance private sector participation in large-scale infrastructure projects. The government hopes to attract private capital to mobilize further growth, particularly in transportation and energy sectors, addressing previous challenges with insufficient private financing. This infrastructure drive is central to India’s broader strategy of increasing economic participation and positioning itself as a global economic power.
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