There should be a steady policy and quick redressal of the policy changes that have been brought to the attention of NHAI, AAI, AERA and such organisations. Approval procedures for land acquisition, environment clearance and financing policies for infrastructure need a re-think with a background that they should result in profitability and surpluses for
the infrastructure companies investing in these sectors.
In the case of airports there is a policy jam on the single till, dual till and hybrid till policy of AERA.Clarity should come to encourage either dual till or hybrid till so that the surpluses generated could be re-invested in the same sector. Otherwise the good start made in airports will not yield any further good results and the sector could become a drag along with airline companies who are also not prospering as in the initial years. The current indications are that no major changes can be expected for construction industry and infrastructure in general while encouraging trends on the taxation front can be expected to stimulate the economy.
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