“A boost in infrastructure spending is a must to revive demand in the economy. Infrastructure development will catapult the country on a higher growth trajectory and have positive cascading effects on many other sectors. NIP (one of its kind initiative) needs to be given a strong push to provide world class infrastructure and improve quality of life. Robust infrastructure assets will be key in realising India’s ‘Atmanirbhar’ ambition and scaling up our capability to make India an export hub, generate employment, beat repercussions of COVID-19, and assist to augment the demand side of the economy as well.”
“To realise the potential of NIP, there is a need of our very own DFI that will address the issues of capital requirements in India. Infrastructure growth in India is longing for a mega DFI with a bigger risk appetite, that will provide the much needed long term financing to new as well as stalled projects with long gestation periods, and will ease out the burden of commercial banks.”
