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Sitharaman's infrastructure push need not be a pipe-dream: Here's how

The government should be happy that they are still buying civilization by investing in infrastructure bonds instead of paying their full taxes.

Union Finance Minister Nirmala Sitharaman
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Union Finance Minister Nirmala Sitharaman

S Murlidharan
Build infrastructure first, private investments including Foreign Direct Investments (FDI) would automatically follow is not an audacious or far-fetched dream. China did it with a great deal of success. Finance Minister Nirmala Sitharaman obviously wants to emulate the Chinese model without actually saying so when a few days ago she outlined her government’s plan to launch a massive Rs 102 trillion infrastructure development plan. Skeptics wonder if it is feasible as it would be a quantum jump over the present average of about Rs 8 trillion infrastructure investments per annum.  

A combination of public private partnership (PPP), Swiss Challenge Model

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First Published: Jan 29 2020 | 12:09 PM IST

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