Page 15 - TrafficInfratech Magazine Feb - Mar 2020
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                                                                                     The Government
                                                                                     has increased
                                                                                     its annual
                                                                                     infrastructure
                                                                                     spending

                                                                                     significantly
                                                                                     in the last four
                                                                                     years. A very

                                                                                     comprehensive
                                                                                     institutional
                                                                                     framework
                                                                                     for Private
                                                                                     Participation in

                                                                                     Infrastructure
                                                                                     has also been
                                                                                     developed.






                            here has been a paradigm   There has been a paradigm   of India has been exemplary
                            shift in the approach   shift in the approach towards   in  establishing  public  private
                            towards     building    building infrastructure in India,   partnerships in the country.
                            infrastructure in India,   from need based to an integrated   With a plan to double national
                    Tfrom need based to an          long-term development strategy.   highways in India to 200,000 kms,
                    integrated long-term development   All  infrastructure  sectors  in  India   the  Bharatmala Programme was
                    strategy. All infrastructure sectors in   provide excellent opportunities with   launched  for  developing  66,100
                    India provide excellent opportunities   Public Private Partnerships (PPP)   kms of additional road network
                    with Public Private Partnerships (PPP)   identified as the most suitable mode   including expressways, economic
                    identified as the most suitable mode   for implementation and funding of   corridors, international and border
                    for implementation and funding of   most infrastructure projects in the   roads. Innovative financing models
                    most infrastructure projects in the   country.                 such as recycling of existing
                    country.                         The Roads & Highways Sector   and operational roads are being





         www.trafficinfratech-com-500653.hostingersite.com                                                        February-March 2020 / TrafficInfraTech  15
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