The National Highways Authority of India (NHAI) has cancelled the December 6 tender for the six-laning of the Bengaluru-Mysuru expressway without assigning any reason, raising doubts about the future of the ambitious project, according to a news report.
Like roti, kapda aur makaan, the industry needs finance, power and water. Plugging some of these gaps can boost the sector, thereby giving a fillip to the overall campaign. The focus of Make in India is on creating jobs and skill enhancement in 25 sectors.
A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country
In an exclusive interview, Rajiv Lall, Chairman, IDFC says that the infrastructure sector is a complex industry and infra funding is an even more complex activity. I agree that that these alternate modes of finance are needed to see some momentum but modes such as infrastructure
Most infrastructure projects are generally characterised by time and cost overruns. Political factors impact time overruns more than cost overruns. The new government at the Centre has identified its top priorities and as expected infrastructure is high on the agenda.