India will need about $4.5 trillion in the next 25 years for infrastructure development, of which it will be able to garner about $3.9 trillion, the Economic Survey said.
“The Global Infrastructure Outlook reflects that rising income levels and economic prosperity is likely to further drive demand for infrastructure investment in India over the next 25 years.
“Around $4.5 trillion worth of investments are required by India till 2040 to develop infrastructure to improve economic growth and community well being,” the Survey tabled by Finance Minister Arun Jaitley in Parliament today said. Read More…
Latest posts by Business-Standard.com (see all)
- Tamil Nadu overtakes Karnataka to become No 1 in renewable energy - December 13, 2019
- IOC top brass rejig: Shrikant Madhav Vaidya becomes new chairman - December 12, 2019
- NLC India to start mining from Talabira-II, III coal blocks in FY21 - December 12, 2019