Budget 2019: India must spend $200 billion on infra annually; harnessing private investment a challenge, says Economic Survey

India needs to almost double its annual spending on infrastructure at USD 200 billion and the real challenge lies in harnessing private investment, said the Economic Survey 2018-19 tabled in Parliament on Thursday.

To achieve the target of USD 10 trillion economy size by 2032, a robust and resilient infrastructure system is required, supported by adequate private investments, the survey document noted.