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Modi's infrastructure blueprint: Investment push through key projects

Getting private sector back in a big way would be the topmost priority since the government has a limited fiscal headroom

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The BJP manifesto talks of doubling the length of national highways by 2022 and building of 60,000 km over the next five years | Photo: Dalip Kumar

Jyoti Mukul New Delhi
In line with its election promise of Rs 100 trillion investment in the infrastructure sector by 2024, the NDA government would be targeting low-hanging fruits, such as Metro projects, inland waterways, natural gas grids and airport privatisation, to give a fillip to private sector investment in the first few months of its tenure. 

Getting private sector back in a big way would be the topmost priority since the government has a limited fiscal headroom. Fitch said in a May 24 report that reducing general government debt to 60 per cent of the GDP ceiling by FY25, from the rating agency’s 68.8