Who will build India's infrastructure?

India has one of the most ambitious public-private partnership (PPP) programmes for infrastructure in the world. The private sector accounted for 30 per cent of all investment in infrastructure in the last Plan period and is supposed to mobilise 50 per cent ($500 billion) of the planned infrastructure spending for 2012-17. Since it lacks resources, the Indian government has no option but to hope that the private sector steps up to the plate.

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