Kilometres to go

Ialways wondered what is it that the BJP government was doing right that the erstwhile UPA led government couldn’t in terms of building a robust road network. . It is when I read the news piece titled rising Indian road infrastructure that I realised the magnitude of the task at hand. Behind the full page advertisements claiming to build 100 kms a day, only 20 to 28 kms a day look feasible albeit with a rider. Only if the financial institutes like banks come forward and fund the government’s requirement. Without the private investors stepping in, it is hard to fathom that the banks in the country, reeling under the burden of the stressed loans to the infrastructure sector could actually fund three quarters of the estimated Rs. 2.4 Trillion capital requirement.