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
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