New Delhi: Describing infrastructure development as an enabler for growth, a finance ministry-constituted task force has observed that creating new and upgrading existing infra projects with Rs 111 lakh crore investment will be key to raising India’s competitiveness and achieving USD 5 trillion economy goal by 2025.
It will especially be critical for the success of the Make in India programme as manufacturing competitiveness critically depends on infrastructure, the final report of the task force submitted to Finance Minister Nirmala Sitharaman on Wednesday said.
The report further said that the supply additions through infrastructure development boost short-term as well as the potential rate of GDP growth.
