Infrastructure is the bedrock of progress and is pivotal in India’s growth The path to India’s transition from a developing economy to a developed one during the “Amrit Kaal” is intrinsically tied to robust infrastructure development. In this article, Revati Kasture, Executive Director, CareEdge Ratings, outlines what is needed to foster investment in the infrastructure segment. Infrastructure...
Considering, India's substantial infrastructure requirement, Asian Infrastructure Investment Bank (AIIB) has plans to invest around Rs 127 billion in projects including transport (metro), rural (road upgradation), energy (renewables) and water and waste management.
Infrastructure is the backbone of any economy. But good infrastructure development needs good planning. Lack of planning is the biggest problem. China in comparison to India has shown better planning and flexibility while executing infrastructure projects. India has lagged behind due to its political system and populist outlook.