The government is scouting for funds for the Rs 110-lakh-crore infrastructure projects planned over the next five years.
The Centre is considering the option of tapping the financial markets, global investors, and banks for the implementation of the projects.
Prime Minister Narendra Modi had emphasised on these infrastructure projects during his Independence Day speech. However, the plans could go haywire if it cannot find the necessary resources.
The National Infrastructure Pipeline (NIP) plans to spend Rs 110 lakh crore on nearly 7,000 projects across sectors such as transport, communications, urban development, energy and water. The plan is a grand vision involving private and state-run players and many believe it is too ambitious in its scope.
