Moving on the infrastructure agenda

Globally, municipal bonds are an established and major source of funding for urban infra. However, the municipal bond market is quite underdeveloped in India, notes Vinayak Chatterjee

Discussions on Indian infrastructure are largely on how much the Centre and states are spending (or not spending!), renewables, construction of highways and the travails of discoms. Over time, many suggestions have been made through this INFRATALK column to get the country moving purposefully on the single largest growth vector — infrastructure development. Ten of the suggestions deserve prioritisation, and are presented below as a consolidated agenda for action.

Kelkar Committee Report and 3P India: The Vijay Kelkar-chaired Committee on Revisiting and Revitalizing the PPP (Public-Private-Partnership) Model of Infrastructure Development was commissioned by this NDA Government itself; and the path-breaking report