India's Infrastructure News
Moody's Investors Service on Thursday said PPP model in India's infrastructure needs to be developed further to attract more private investment for the sector that would help propel growth.
The government is committed to adding about 50,000 km of National Highways by the year end to take their length to 1.5 lakh km to "transform the face of India's infrastructure", Road Transport and Highways Minister Nitin Gadkari Wednesday said.
Having roughly doubled spending allocations for roads and bridges in fiscal 2015/16, and raised the rail budget by a third, Modi is banking on India going faster.
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