Financing infrastructure in India

Aresearch paper under the above title, coming out of the IMF stable, opens the window to some new thinking of relevance to the efforts India is making to find resources of the order of one trillion dollars during the next five years for investment in this vital sector. It is a truism that without putting in place commensurate infrastructure of high quality, all hopes of raising and sustaining economic growth, expansion of trade and production and productivity at a high enough rate to be abreast of the demands for even the basic amenities of a burgeoning population, leave alone the clamour of the ambitious middle-class for higher lifestyles, will be dashed to the ground.

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