Journal Press India^®

Author Details ( * ) denotes Corresponding author

Infrastructure development, which stimulates growth and reduces poverty, forms the stepping stone of a progressive and prosperous economy. As per Global Infrastructure Outlook 2017 published by Oxford Economics, the estimated global infrastructure investment requirement is $94 trillion between years 2016 to 2040. Out of this, 50% is required in Asia alone with China, India and Japan being major contributors. By 2030, around 40% of the Indian population is expected to be urban, that demands a huge infrastructural push. The present paper, that focuses on India’s infrastructural development and it’s financing, proposes actions on multiple fronts: flexible risk sharing mechanism, revitalizing asset monetization, giving due impetus to Infrastructure Investment Trusts, and tapping underutilized capital market resources. The paper suggests the PPP model with an objective to combine the best of both: management skills, technology and resources, of private sector and regulatory actions protecting public interest, of public sector.

Keywords

Infrastructure; Financing; Private; Sources; Investments; Twelfth five year plan

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