{"id":277021,"date":"2019-06-01T05:46:35","date_gmt":"2019-06-01T05:46:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=277021"},"modified":"2019-06-01T05:53:51","modified_gmt":"2019-06-01T05:53:51","slug":"opinion-credit-ecosystem-rejig-and-policy-stimulus-needed-for-infrastructure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opinion-credit-ecosystem-rejig-and-policy-stimulus-needed-for-infrastructure\/","title":{"rendered":"Opinion | Credit ecosystem rejig and policy stimulus needed for infrastructure"},"content":{"rendered":"<p>As India\u2019s infrastructure funding gap widens to gargantuan levels, a fiscal push won\u2019t be enough. What\u2019s needed is a complete overhaul of the credit ecosystem plumbing so that private money starts flowing in materially.<\/p>\n<p>To be sure, the Bharatiya Janata Party-led National Democratic Alliance government has committed to infusing \u20b9100 trillion into infrastructure over the next five years. But this magnitude of commitment will run into fiscal constraints sooner rather than later. And if that weren\u2019t enough, the share of private sector investment in infrastructure has slumped, touching a decadal low of ~25% in fiscal 2018.<\/p>\n<p>Why\u2019s that? In three words, low risk appetite.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As India\u2019s infrastructure funding gap widens to gargantuan levels, a fiscal push won\u2019t be enough. What\u2019s needed is a complete overhaul of the credit ecosystem plumbing so that private money starts flowing in materially. To be sure, the Bharatiya Janata Party-led National Democratic Alliance government has committed to infusing \u20b9100 trillion into infrastructure over the next five years. But this magnitude of commitment will run into fiscal constraints sooner rather than later. And if that weren\u2019t enough, the share of private sector investment in infrastructure has slumped, touching a decadal low of ~25% in fiscal 2018. Why\u2019s that? In three [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,189],"tags":[],"class_list":["post-277021","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-roads-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=277021"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277021\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=277021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=277021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=277021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}