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“The Budget should focus on increased outlays for the sector and introduce measures to remove the bottlenecks that tend to impede the India growth story. Infra funding is a key issue.The government should try to create a PPP financing mechanism. Incentives like tax breaks to dedicated infra funds and long-terms debt markets will help give fresh impetus to the sector.”

AM Naik 
Chairman and Managing Director, Larsen & Toubro

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First Published: Feb 27 2012 | 12:49 AM IST

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