Binding: Hardcover
Description: Governments the world over want to spend more on infrastructure (the benchmark for developing countries is 7 - 8% of GDP per annum) to lay the foundation for sustained and inclusive growth. India is no exception. It realizes that more needs to be spent on infrastructure for the country to regain its position as the fastest growing large economy in the world. While India spent about 7.2% of its GDP on infrastructure during the Eleventh Plan period (2008 - 12) this number has recently come down to approximately 5%. The backdrop of the book is the ambitious National Infrastructure Plan (NIP); the Task Force report on the NIP was finalized in April 2020. Since infrastructure investment is crucial to faster and inclusive growth it is timely that the NIP is actioned now given that the Indian economy contracted to 7.3% in the financial year 2020 - 21. This book discusses various aspects of infrastructure financing in detail with a major section devoted to green financing of infrastructure.
Title: Infrastructure Financing In India Trends Challenges And Way Forward
Author(s): Gupta Manshi (Deputy Director In Infrastructure Policy And Planning Division Deputy Director In Infrastructure Policy And Planning Division Department Of Economic Affairs Ministry Of Finance Government Of India)
Publisher: Oxford University Press
Barcode: 9780198884934
Pages: 432 Pages
Publication Date: 3/22/2024
Category: Development Economics & Emerging Economies