Feasibility issues surround BJP's Rs 100 trn promise for infrastructure

The BJP’s poll promise to invest Rs 100 trillion in infrastructure appears to be fraught with issues like little private sector appetite and institutional capabilities. 

A re-look at contractual frameworks and faster project award, along with availability of land, will be important determinants to make any investment possible.

In five years, it would mean an average annual expenditure of Rs 20 trillion. According to the NDA government’s last Budget, the government’s capital expenditure on four major infrastructure heads of energy, transport, IT and telecommunication, and urban development is estimated at Rs 2.69 trillion for FY20. It is not clear how the sizeable