Govt spending to continue driving infra; budgetary support needed: PwC exec

Road sector to grab lion's share of budgetary support, increased outlay for water transport likely

Public sector spending is expected to remain the prime driver for infrastructure next year too, especially with programmes like Inland Water Transport and Sagarmala requiring initial funding from the Budget, said Manish Agarwal, PwC Capital Projects & Infrastructure leader, on Budget expectations for the infrastructure sector.

Responding to questions from the public in Business Standard's live chat, Agarwal asserted that private sector investment was still to make a comeback in the area of infrastructure spending.

He claimed that the road sector would remain the largest recipient of budgetary support in the coming Budget. However, there could be an