Gadkari urges innovative infra financing models for economic viability

The Union Minister for Road Transport and Highways has called on management professionals to develop innovative infrastructure financing models that bring economic viability, efficiency, and investment to the sector. The government is prioritizing innovation, research, and technology to shape the future of infrastructure in the country.

Highlighting the pivotal role of road infrastructure in economic growth, the Minister emphasized the need to increase the pace of development through private-public investment. The government aims to reduce logistics costs to single-digit GDP from the current 13-14% and make infrastructure development a catalyst for global competitiveness and exports.

With a focus on agriculture, rural, and tribal economies, the government has launched programs to meet the needs of public sector officials involved in the infrastructure space. These initiatives align with the Asset Monetisation Programme, PM Gati Shakti National Master Plan, and other latest initiatives of the government.