Miscellaneous
In the budget for FY22, the government has made around 34% higher allocation to infrastructure development. The government has expanded its ‘National Infrastructure Pipeline’ to cover more projects, while also setting up a new development finance institution. The government is looking to monetize brownfield projects, track asset monetization, set up investment trusts to attract global funds, and provide enhanced funding to states and autonomous bodies. It is also considering another rescue scheme for power distribution companies. So what does all the Budget proposals for infrastructure mean for the sector? Will there be any implementation hurdles? To discuss that Mint's Nasrin Sultana is joined by Harsh Shah, CEO of IndiGrid