 "infrastructure")
It is widely recognised that the Rs 102 trillion National Infrastructure Portfolio (NIP), announced by Finance Minister Nirmala Sitharaman on the last day of the decade, is a necessary precondition for Prime Minister Narendra Modi’s ambition for India becoming a $5 trillion economy by 2025. In a slowing economy, a target-driven approach to infrastructure building is, admittedly, an important enabler for growth. A realistic assessment, however, does not present a particularly optimistic scenario in the near future.
The doubts have as much to do with fund mobilisation, which has been discussed threadbare, as the need for a clear enabling reform
