Did you notice this news article in today's 'The Hindu -24.10.09'.
Planning Commission adviser says the Government has set a target to spend around $518bn for infrastructure facilities by 2012. Well, we knew it, isn't it - Our Advisor said so! Accordingly, 30% is expected from private sector (aiming at PPP model) which is around $150bn, another 30% from budgetary resources and the rest of 40% from commercialized budgets of NTPC and power grid (Well, is this feasible? Can NTPC and Power grid aide this much amount?). The Adviser, Mr. Gajendra Haldea, planning commission, also states that they expect a quantum leap in the infrastructure development during the 11th FYP from 5% to 9% (Is our present rate only 5%?). they also expect PPP model from developed countries...Because markets in India offer huge opportunities (always quoted statement) and returns on capital would be higher than in a developed country (Ok...facts here). How does all this sound?
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