Rs 111 L cr infra pipeline a gamechanger

The Economic Survey has said that Rs 111 lakh crore National Infrastructure Pipeline for 2020-2025 will be a game-changer for the Indian economy.

Sectors like energy, roads, urban infrastructure, railways have a lion’s share in it that will help boost growth.

To boost private investment in the infrastructure sector, it said the government has set up the Public Private Partnership Appraisal Committee (PPPAC) for appraisal of PPP projects. In 2020-21, PPPAC recommended 7 projects with a total project cost of Rs 66,600.59 crore. Out of these 7 projects, 1 is a telecom sector project, 3 are railway sector projects, 2 are MHA sector projects and 1 is port sector project, it said.

‘’The strong backwardforward linkages of the infrastructure sector are well established. Therefore, investment in infrastructure is quintessential for more rapid and inclusive economic growth,” said the Survey. Private investment in infrastructure has come mainly in the form of PPP.