With the somewhat partial success of the first round of JNNURM, the Mission hopes to leverage the advantage of learning experiences, both of its success and stumbling blocks, as it gears up to address many more cities in the second round.
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Analysis: Balancing requirement and availability
While the gap in debt requirement versus availability towards meeting the 12th Plan target is enormous and requires focused effort to address, equity investors will now look for steadier long-term investments,
Expressways can't be built without corporate bonds
Overdependence on bank funding of infrastructure will put unreasonable pressure on those financial institutions.