Report Summary Examining and Harnessing Opportunities under Transportation Projects – Roads & Highways, Power, Railways, MRTS, Airports, Ports, Irrigation, Education and Healthcare Segment in India
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Of all the sectors within infrastructure, transport has received the highest sum in the 2017–18 budget — US$35 billion — much of it aimed at improving safety, cleanliness and comfort for rail passengers. Among the top priorities are a passenger safety fund, an end to unmanned level crossings on broad gauge lines, solar power for more than 7000 railway stations, bio-toilets in all coaches, and an extensive station development and refurbishment plan, including access for differently-abled people through elevators and escalators.
Government in India is striving for balancing fiscal prudence with economic growth and this boost is likely to enthuse more private investments especially in the infrastructure segment and the case for PPP projects scores up. Simply for a reason to increase the private investment the environment offered for such capital intensive segments do demand risk hedging which PPP does provide. However, PPP in so far status have had mixed response with initial years witnessing a limited success and that too local to roads & highways and power sector only. When we factor in a US$1.5 billion recapitalization of public banks — with further funds promised — then hopefully there should be more credit available to fund essential projects which fall under the infra segment.
Key Queries Resolved
Business Case For PPP Project In India
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