Infrastructure Creation in India – The Next Generation of Reforms
Infrastructure is the centre piece of India’s growth-story. The total outlay for infrastructure in the FY 2018-19 stands at ₹5.97 lakh crore, as compared to the ₹4.94 lakh crore for FY 2017-18, thereby making an increase of more than ₹1 lakh crore. This indicate the continuing trend, with the Government of India having initiated several big infrastructure projects and schemes in recent years. These projects and schemes will contribute to the growth in the infrastructure sector but are also expected to be driven by an uptick in public expenditure.