Improved rural incomes, higher rural credit and increased allocation for the rural, agricultural and allied sectors are likely to boost rural demand, including the requirement for rural housing.

Capital outlay for the infrastructure sector up to Rs 5.97 lakh crore in FY2018v19 (up 20.8 per cent over FY2018), with major increase for segments like railways, telecommunication and affordable housing.

As I write this, our Prime Minister is already in the UAE, making his second trip in less than three years, to accelerate the infrastructure thrust that the two countries have agreed upon.

Despite a raft of policy facilitations, domestic airlines are flying into two major headwinds – crippling infrastructure constraints at major airports, and an uptick in fuel prices – which could mean growth in domestic air passenger traffic may have peaked out for the medium term.

The government is working on creating domestic capacity for the equipments being imported in the country, said Sunil Barthwal, Joint Secretary, Ministry of Steel at an ASSOCHAM event held in New Delhi today.

Policy actions to revive stalled projects, expedite approvals, introduce hybrid annuity and toll-operate-transfer (TOT) models in highways, and sustain rapid growth in renewable capacity augur well for the infrastructure financing landscape.

The Economic Intelligence Unit, based on a report on the 'Safe Cities Index 2017,' said the global economy is projected to grow at about 2.9 per cent in 2017 as against 2.3 per cent in 2016. The report also cited India to continue to grow at over 7 per cent over the next decade.

The air travel boom in India has thrown up a new set of challenges before the country's aviation sector. The airport infrastructure needs to be ramped up on priority for the growth momentum to be sustained in the long term.

Amber Dubey, Partner and India Head of Aerospace & Defence, KPMG feels that a tough relook is required at the Land Acquisition, Rehabilitation and Resettlement (LARR) Act, 2013, as it has made land acquisition for public infrastructure projects such as airports impossible.