Focus on infrastructure

09 JAN,2022 | MEDC


 

 

An unwavering focus on infrastructure development in 2022 needs to be a policy priority for both the state and Central government. In this regard, it is worth noting that many infra (including real estate) projects are coming up all over the country. Under the shadow of Covid, private investment, which is already weak for some time, is unlikely to pick up. The hope of a sustained recovery, thus, hinges upon the government boosting capital expenditure. The need for higher infra investment in general, and in abnormal times like this in particular, cannot be overemphasized. A strategic infra push at this juncture would not only help sustain the fledgling economic recovery, but also enhance its durability by crowding in private investment over time. Time and cost overruns in all infra projects should be consciously minimized, as they tend to adversely affect national economic growth over the medium term.

*Photo Credit: Google

Comments



Featured Posts



Recent Posts


EMERGING ISSUES IN AEROSPACE INDUSTRY: AN INDIAN PERSPECTIVE


Tourism and its contribution to the Economy


Interactive Meeting with Mr. Jaykumar Rawal Hon'ble Minister for Tourism & Employment Guarantee Scheme Govt. of Maharashtra


De-coding skills-based pro-bono


FOOD PRICE VOLATILITY


Food Inflation in India: An Assessment




Archive


© Copyright 2019 MEDC, All rights reserved
Website Design and Develop By: SCI Knowledge Interlinks