Today, few question the need for substantial improvement in infrastructure if India is to sustain its rapid growth. The Planning Commission has put front and centre in its strategy to sustain faster, broad-based and inclusive growth, an investment of about $500 billion in infrastructure before the end of the 11th Five Year Plan in March 2012.
Over the past three years, India has invested an average of 4.5 per cent of GDP each year in infrastructure. Getting to the Planning Commission's target