Infra sector urgently requires a DFI

A Developmental Financial Institution is imperative if India is to achive the Rs 100 trillion investment target in infrastructure

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A merger of India’s existing infrastructure financial institutions to shape a new apex financial institution is the need of the hour

Vinayak Chatterjee

5 min read Last Updated : Oct 03 2019 | 7:44 PM IST

The Prime Minister’s clarion call for a Rs 100 trillion target for infrastructure investments from 2019 to 2024 has not come a day too soon. India clearly needs this level of investment; and this figure is consistent when also seen through the GCFI lens (gross capital formation in infrastructure as a percentage of GDP). But given the current situation in the infrastructure sector, coupled with the diminishing headroom for more public expenditure, achieving this target will be daunting without an impactful and dedicated DFI.

In an INFRATALK article in Business Standard in June 2017, I had argued for reshaping the India

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Topics : infrastructure Infrastructure investment

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