India is taking steps to address problems in the infrastructure sector

Q: As per Finance Minister Arun Jaitley, multiple institutions are required to meet the funding requirements in this area.

Ashish Bhoite, Mumbai

25th January 2016

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Replies (5)

Dear Mr Bhoite, Can I get your No. You can mail me at smita.sonawane6@gmail.com and prashant.sonawane38@gmail.com

We will form one group of all the members who have booked their flat in D B Reality. Its almost 7 yrs now the project is delayed and getting no response from the builder.

Smita Sonawane,

29th May 2016

Comment

I read everyone's view. And i have also saw that the Central government has made a visible progress in clearing the logjam in infrastructure, though financing issues still continue to be a drag on the sector. Bringing in private sector investments, facilitating long-term refinancing of bank loans, and providing policy support to revitalize PPP projects, among other measures, may help accelerate the pace of infrastructure building in the country.

Rajesh, Delhi-NCR

23rd February 2016

Comment

This is a welcome addition to our infrastructure sector. This sector has long been inundated with problems when it comes to funding. The finance ministry is looking to keep tabs on this sector to prevent misuse of funds. Investors will welcome these new requirements as it will provide greater transparency and will help improve investor confidence.

Priya Desai, Mumbai

27th January 2016

Comment

Hello Priya,
The Union Budget for 2016-17, to be presented on February 29 by Finance Minister Arun Jaitley, should earmark enough funds for investing in infrastructure that will drive growth. Even citizen of India want that this Union Budget to drive economic growth via infrastructure investment, with 54% favoring investment in roads and highways.

Govinda,

23rd February 2016

But we can feel that any new development programme are opposing by the opposition party as they have failed in their ruling. They are the biggest challenge for the current government. As we have seen the result of Real Estate Bill and Land Acquisition Bill.

Lohit Raj, Delhi-NCR

25th January 2016

Comment

You are right Lohit,
But now political opposition was any more hurting infra projects in India, as no party can afford to oppose a project being built for the benefit of the people. Today's aspirational society is rather asking why projects cannot be done faster.

Kaushik Bardia,

25th January 2016

Apart from that, We require multiple institutions for financing infrastructure. Asian infra was suffering for a long time due to lack of availability of right funds. Infra funding has to be long term in nature.

Lohit Raj, Delhi-NCR

25th January 2016

@Lohit,
Those projects which are under way in India to link a large number of villages with roads, highways and other infrastructure and a reasonable amount of finance has been generated for such projects.

Prasad, Noida

25th January 2016

Actually, our country has crossed that stage when change of government in power used to result in problems for an infrastructure project, now the dispute intention network has been made very strong. To add to the comfort of the investors, we have been upgrading our laws.

Sashidharan,

25th January 2016

Comment

Even Finance Minister told us that they are working on a new network that would do away with the requirement for going to judicial panels for resolution of dispute. He is agree that there are many problems on the infrastructure front and for that government is taking steps like setting up of infrastructure funds where it has also invited international institutions among others.

Prasad, Noida

25th January 2016