Tuesday, July 1, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

Needed: US$4.5trn for infrastructure development till 2040

Fiinews by Fiinews
November 1, 2018
in Banking & Finance, Contract, Economy, Infrastructure, Investment, Manufacturing, Projects, Tenders
Reading Time: 1 min read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

PPP restructuring urgent, says Kant

 

India will need around US$4.5 trillion till 2040 for infrastructure development and restructure its Public Private Partnership (PPP) framework, NITI Aayog CEO Amitabh Kant said.

There is an urgent need to restructure the entire existing PPP framework as there are delays in completion of projects due to disputes.

“India needs to spend close to US$4.5 trillion till 2040 to develop infrastructure in order to really support overall economic growth,” he said at an event organized by Dun & Bradstreet (D&B) on 31 Oct 2018.

He noted that it was better to create infrastructure initially through the government spending,but the government must get out of the completed projects soonest as it is “extremely poor at operating and maintaining infrastructure projects”.

With the economic growth set at 7.5% per annum and challenge to grow at higher rates, there is a need to focus on building quality infrastructure, he stressed.

Kant also conceded that there is a pressing need for leveraging alternate and new source of financing India’s infrastructure projects. fiinews.com

Tags: Niti Aayog
ShareTweetShare

Related Posts

PIB
Tenders

Tender: India plans 5,000 km of waterways

by Fiinews
July 1, 2025
0
15

India-ASEAN to promote new cruise circuits India plans to professionalise 5,000 km of navigable waterways to enhance cruise connectivity with...

Ericsson
Manufacturing

Manufacturing: India benefits form global partners

by Fiinews
July 1, 2025
0
15

Ericsson, Apple, Google and Qualcomm contribute beyond investments Minister of Communications Jyotiraditya M. Scindia has underlined the transformative impact of...

Greenzo Energy

Manufacturing: Greenzo to invest in electrolyser

July 1, 2025
14
RRP S4E

Manufacturing: India to get Bulgarian technology

July 1, 2025
15
PIB

Project: Health-tech revolution in India

June 30, 2025
14
PIB

Project: Ministry revises WtE guidelines

June 30, 2025
13
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: Military-grade integrity for digital space
  • Tech: SatSure-Dhruva Space to work on value chain
  • Tech: WaveX invites startups to create AI-solution
  • Export: Govt to facilitate easy trade environment
  • Tender: India plans 5,000 km of waterways

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.