This document discusses the challenges of financing infrastructure projects in India. It notes that India's infrastructure investment targets for the 11th and 12th Five Year Plans have not been met due to structural and economic constraints. Private investment in infrastructure has slowed significantly. To attract more private funding and meet development needs, structural reforms are needed across sectors like power. While reforms have improved generation capacity and deficits, financial issues persist due to factors like uneconomic tariffs, fuel shortages, and accumulated sector losses of over $350 billion. Addressing the concerns of stressed investors in a timely manner through balanced policymaking is imperative to make infrastructure financially viable and sustainable.
The Nexus between Fiscal Decentralization and Economic Growth: Evidence from ...RSIS International
Panel Vector Auto Regression is used to examine the
impact of financial decentralization on economic growth in
seventeen sub-national governments (SNGs) in India taking data
from 2000-01 to 2014-15. We find the positive impact of
decentralization on the economic growth of SNGs with feedback
effect.
Public and Private Partnership in Infrastructure Development in Indiainventionjournals
ABSTRACT: It is well recognized that, with its present state of physical infrastructure, India will be hard-pressed to sustain 7 percent plus annual GDP growth and expected to 2 percent hike. Be it in power, roads, ports, airports, water, railways, urban facilities or even telecoms, the country’s infrastructure needs are enormous. Efforts have also been made, over the years, to strengthen the policy and regulatory framework underpinning some of the key infrastructure sectors. Throughout the past decade, private investment in infrastructure has remained at well below the targeted 2 percent of GDP. Significant investment in physical infrastructure will also lead to employment generation, increased production efficiency, reduction in cost of doing business and improved standard of living. Infrastructure investment is expected to surge to 12.1% of GDP by FY20 from 7.0% of GDP in FY11. Rising demand for infrastructure facilities, given the rapid growth in urbanisation, bulging of the middle class and an increasing working-age population, would engender substantial increase in infrastructure investments during the current decade. While physical infrastructure is expected to play a vital role in maintaining the strong growth momentum during the current decade, improvement in social infrastructure (especially health and sanitation and education) will help the country to move toward inclusive growth. Social infrastructure mainly encompasses the health and education system. In recent years, efforts have been made by the Government of India (GoI) to step-up investment in infrastructure, and particularly to catalyze greater private investment. Over the years, financing of infrastructure projects has been considered the responsibility of the government. However, given budgetary constraints and other priorities, although public investment continues to account for a larger share in infrastructure financing, it has decelerated since the past few years. Moreover, GoI is making efforts to encourage private investments in infrastructure projects. As a result, the share of the private sector in infrastructure financing gradually increased from a mere 25.1% in FY05 to 32.7% in FY10 (E) and is expected to increase further to 45.2% in FY20. In this context this paper mainly focuses to provide an analytical abstract of sector-wise infrastructure developments in the country and the status of private participation and the PPP (Public and Private Partnership) in public infrastructure and contribution to economic growth.
Academic piece about financing infrastructure in India through capital markets. Was the predecessor to the Far Eastern Economic Review article on my site.
The Nexus between Fiscal Decentralization and Economic Growth: Evidence from ...RSIS International
Panel Vector Auto Regression is used to examine the
impact of financial decentralization on economic growth in
seventeen sub-national governments (SNGs) in India taking data
from 2000-01 to 2014-15. We find the positive impact of
decentralization on the economic growth of SNGs with feedback
effect.
Public and Private Partnership in Infrastructure Development in Indiainventionjournals
ABSTRACT: It is well recognized that, with its present state of physical infrastructure, India will be hard-pressed to sustain 7 percent plus annual GDP growth and expected to 2 percent hike. Be it in power, roads, ports, airports, water, railways, urban facilities or even telecoms, the country’s infrastructure needs are enormous. Efforts have also been made, over the years, to strengthen the policy and regulatory framework underpinning some of the key infrastructure sectors. Throughout the past decade, private investment in infrastructure has remained at well below the targeted 2 percent of GDP. Significant investment in physical infrastructure will also lead to employment generation, increased production efficiency, reduction in cost of doing business and improved standard of living. Infrastructure investment is expected to surge to 12.1% of GDP by FY20 from 7.0% of GDP in FY11. Rising demand for infrastructure facilities, given the rapid growth in urbanisation, bulging of the middle class and an increasing working-age population, would engender substantial increase in infrastructure investments during the current decade. While physical infrastructure is expected to play a vital role in maintaining the strong growth momentum during the current decade, improvement in social infrastructure (especially health and sanitation and education) will help the country to move toward inclusive growth. Social infrastructure mainly encompasses the health and education system. In recent years, efforts have been made by the Government of India (GoI) to step-up investment in infrastructure, and particularly to catalyze greater private investment. Over the years, financing of infrastructure projects has been considered the responsibility of the government. However, given budgetary constraints and other priorities, although public investment continues to account for a larger share in infrastructure financing, it has decelerated since the past few years. Moreover, GoI is making efforts to encourage private investments in infrastructure projects. As a result, the share of the private sector in infrastructure financing gradually increased from a mere 25.1% in FY05 to 32.7% in FY10 (E) and is expected to increase further to 45.2% in FY20. In this context this paper mainly focuses to provide an analytical abstract of sector-wise infrastructure developments in the country and the status of private participation and the PPP (Public and Private Partnership) in public infrastructure and contribution to economic growth.
Academic piece about financing infrastructure in India through capital markets. Was the predecessor to the Far Eastern Economic Review article on my site.
Infrastructure plays a critical role in growth, competitiveness, job creation and poverty alleviation. It’s investment in high-quality, sustainable infrastructure can provide basic services to households; lead to productive gains for industry; provide market access for agriculture; enable sustainable urban development; open corridors of trade for poor and landlocked countries to the global economy; and help progress towards a more climate-smart world. Therefore, Infrastructure is very important to progress the economic development for both emerging and advanced economies.
Blue Economy and Sagarmala have all the ingredients of overoptimism and overcomplexity, poor execution, weakness in organizational design and capabilities, and challenges and potential bankruptcy. Most importantly, what could obviously derail the project is lack of participation of the communities who know their oceans the best.
Financial Analysis of the Blue Economy: Sagarmala’s Case in Point by Dr Himanshu Damle of Public Finance Public Accountability Collective, New Delhi
The Centre for Financial Accountability aims to strengthen and improve financial accountability within India by engaging in critical analysis, monitoring and critique of the role of financial institutions – national and international, and their impact on development, human rights and the environment, amongst other areas. For more information visit http://www.cenfa.org Get in touch with us at info@cenfa.org
We also publish Finance Matters, a weekly newsletter on the development finance. Archive can be accessed at http://www.cenfa.org/newsletter-archive/
To subscribe, email us at newsletter@cenfa.org
Assessment of Public Financial Management and State of Infrastructure in Tara...IJASRD Journal
This study examined public financial management and state of infrastructure in Taraba State of Nigeria. The study used survey design. Data were collected through administration of questionnaire to respondents across the state, interviews were also conducted. The questionnaire was designed on 5-point Likert scale. Descriptive statistics, Pearson correlation were employed in the analyses of data. Also, chi-square was used in testing the research hypotheses. The study reveals that budget performance has positive and significant effect on state of infrastructure. In addition, it was revealed that the state of infrastructure in Taraba State does not reflect the budget. The findings have implications on government officials, relevant government agencies, and the general public. The study therefore recommends that government should take it as an obligation to implement significant proportion of budget to improve the state of infrastructure.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Public- Private Partnership (Ppp) As Catalyst for Sustainable Infrasstructura...inventionjournals
ABSTRACT: This research presents a microeconomic outlook on the benefits of a strong infrastructure base to the Nigerian economy as evident in some states in Nigeria. The overall objective is to highlights the importance of infrastructure development to economic growth and the need for government to take more strategic approach to tackling its dearth in Nigeria. It provides an informed perceptive on economic impact on infrastructure development has on nation building. Special focus is given to the strategic position the Construction industry takes in bridging the gap between - a state of underdevelopment (economic-anorexia) and economic prosperity. A look at strategic procurement options through the use of Public Private Partnerships (PPP) as a viable alternative to Traditional procurement is also discussed.
PUBLIC PRIVATE PARTNERSHIP AND ECONOMIC GROWTH WITH SPECIAL REFERENCE TO INDI...IAEME Publication
In this era of globalization, public private partnership acts as an instrument for meeting the ever increasing demands with the resources as well as meeting quality with accessibility. In an economy where there is a mix of daunting challenges and opportunities PPP would definitely lay a solid foundation for economic growth and development and would help India become a major player in the global economy. A couple of evidence shows that PPP has a far reaching significance for rapidly advancing countries. The reason is that the development in all spheres has become a prime agenda. PPP is an approach if the government adopts and implement would facilitate the improvement of public services in a situation where the public sectors are facing budgetary constraints and again there is a scope of private investments in varied sectors.
The Case of ODA’s Role In Developing “New Indonesia”
Paper submitted as Prerequisite for “Development Assistance” Course (Prof. SATO Ikuro)
Submitted by: Tri Widodo W. Utomo (DICOS M1, 300202040)
National Real Estate Development Council (NAREDCO) speech building a New Ind...Manoj Benjamin
Building a New India
National Real Estate Development Council NAREDCO
Under the Aegis of Ministry of Housing & Urban Poverty Alleviation
Government of India
By Manoj C. Benjamin, Chairman Royal Indian Raj International Corporation*
2000,New Delhi, India
“ According to Government of India Estimates Approximately US200Billion will be required over the next 7-10 Years for Basic Infrastructure Projects”