Govt spend to lead infrastructure sector, private investment to wait

The huge allocation made to the infrastructure segment was a welcome move but fell short of making any big bang announcements for the sector, according to infrastructure companies and experts.  This year again, government spending is likely to lead the investment cycle as private investment may choose to wait.
 
Finance minister Arun Jaitley in the budget also gave the affordable housing segment much needed relief and granted infrastructure status. The industry had been for long asking for these changes.
 
The total allocation for infrastructure development in 2017-18 stands at Rs. 3,96,135 crores. “This magnitude of investment will spur