BMC in its budget for 2019-20 is likely to announce its intention to use their reserve funds for infrastructure projects like GMLR and Mumbai Coastal Road.

By fiscal year 2023, India will be looking at a whopping investment requirement of Rs 38.6 trillion in the infrastructure sector. Over a period of time, the government spending has completely overshadowed private sector investment which was 37 per cent in 2008, and a gradual downward curve between 2013 and 2017 was witnessed.

The infrastructure sector is highly responsible for propelling India's overall development. With intense focus, the government has initiated policies to ensure time-bound creation of world-class infrastructure in the country.

In another ten years, India is expected to have the second largest number of project management jobs in the world after China. Phenomenal growth in project management opportunities will largely be driven by economic expansion and infrastructure projects.

With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, large and mid-sized road contractors over the next four to five years.

Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.

Today, images and news of under construction infrastructure projects compete for popularity with politics, cinema and cricket in the popular discourse.

INFRASTRUCTURE TODAY spoke to the then interim Finance Minister on the sidelines of AIIB Annual General Meeting in a length over various issues, especially funding for infrastructure.

Resumption and broad-basing of private investments has become critical to sustain the share of infrastructure investments.