Abstract-Vol-1-Issue-2 Dr Nenavath Sreenu

Study of the Infrastructure Financing Development and Economic
Growth in India

Dr Nenavath Sreenu
Indira Gandhi National Tribal University

Abstract: Infrastructure is one of crucial pillars of productivity in any economy and it is the backbone of development of any nation. A strong infrastructure is indispensable for the sustainable growth of a national economy. by tradition major infrastructure sectors are power, roads, railways, ports, civil aviation and telecommunication in physical infrastructure area, while social infrastructure covers areas like literacy and education, water and sanitation, health, housing, and culture. The objective of this research paper is to assess the extent of innovation in different areas of infrastructure and its contribution to the nation's development. The research paper analyzes the measures taken by concerned Infrastructure Financing Development Agencies to enhance the innovativeness of the infrastructure sectors. In this study has explained resource constraint is the critical factor for infrastructure deficit in India. This paper identifies stable exchange rate, mild inflation, clarity of taxation rules, fiscal discipline & sustainability of economic policy create investment climate in India. According to this paper, public private partnership model is the best model as infrastructure is concerned but effectiveness of this depends upon maturity of domestic bond market & infrastructure pricing policy. In addition, this paper discovers inadequate allocation of funds and facilities to the few infrastructure projects, delay in environment clearances, issues in the land acquisition, absence of credible dispute resolution mechanism are the technical barriers of investment in infrastructure. This paper suggests setting up an infrastructure development fund for those infrastructure sectors in which private participation is negligible. In addition, company act 2013 should be amended for more participation of corporate sector for infrastructure development. Key Words: Infrastructure, Sustainable, financing, Innovation and financing methods.

Keywords: training evaluation, reaction, learning, behaviour, result.

 

 

 

 

 

 

 

 

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