Land

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India’s infrastructure on a slow, yet steady road

2020-03-12T08:13:44+00:00April 27th, 2016|2016, India Investment Journal April/May Edition, Policy/Infrastructure, Year|

India needs $1 trillion in investments over the next five years to upgrade its creaking infrastructure to global standards but a combination of unfavourable market conditions, weak commodity prices, inability of Indian banks to lend large sums of money, poor raw material linkages and lack of urgency at the level of state governments have conspired to make the task even more difficult than it otherwise would have been. The “directional framework” released by government think tank Niti Aayog last year [...]