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Infrastructure Financing in India

Trends, Challenges, and Way Forward

Pratap, Dr Kumar V (Senior Economic Adviser, Senior Economic Adviser, Government of India) & Gupta, Manshi (Deputy Director in Infrastructure Policy and Planning Division, Deputy Director in Infrastructure Policy and Planning Division, Department of Economic Affairs, Ministry of Finance, Government of India)

Infrastructure Financing in India

Infrastructure Financing in India

Trends, Challenges, and Way Forward

Infrastructure Financing in India

 

Infrastructure investment is now crucial to faster and inclusive growth, given that the Indian economy contracted to 7.3% in the financial year 2020-21. This book discusses various aspects of infrastructure financing in detail, with a major section devoted to green financing of infrastructure.


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Beschrijving Infrastructure Financing in India

Governments the world over want to spend more on infrastructure (the benchmark for developing countries is 7-8% of GDP per annum) to lay the foundation for sustained and inclusive growth. India is no exception. It realizes that more needs to be spent on infrastructure for the country to regain its position as the fastest growing large economy in the world. While India spent about 7.2% of its GDP on infrastructure during the Eleventh Plan period (2008-12), this number has recently come down to approximately 5%. The backdrop of the book is the ambitious National Infrastructure Plan (NIP); the Task Force report on the NIP was finalized in April 2020. Since infrastructure investment is crucial to faster and inclusive growth, it is timely that the NIP is actioned now, given that the Indian economy contracted to 7.3% in the financial year 2020-21. This book discusses various aspects of infrastructure financing in detail, with a major section devoted to green financing of infrastructure.


ISBN
9780198884934
Pagina's
432
Verschenen
NUR
780
Druk
1
Uitvoering
Hardback
Taal
Engels
Uitgever
OUP Oxford

Economie en bedrijf