With banks in a spot due to past lending in core sector and slowed private investment, large-scale infrastructure building is yet to pick up. In an interview with Jyoti Mukul, Sanjeev Kaushik, chairman and managing director, India Infrastructure Finance Company Ltd, makes a pitch for hedging subvention to borrow overseas. Edited Excerpts:
Is there enough demand for financing infrastructure sector considering that mostly it is the government which is investing and not the private sector?
It is true that even if financing is available, not much bandwidth is available with the private sector. Companies are banking on government funding. The