Business Standard

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

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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