Page 27 - BFSI CHRONICLE 10 th Issue (2nd Annual Issue ) 23062 COPY.indd
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Edition July 2022
                        Annual Issue, 10
        BFSI Chronicle, 2 Annual Issue, 10  Edition July 2022
        BFSI Chronicle, 2
                       nd
                       nd
                                       th th
                                                          A. Background:-
        INFRASTRUCTURE                                    The Indian economy is on the revival
                                                          and growth path after the challenging
                                                          times faced during the pandemic. The
        FINANCING-EMERGING  government has evolved multi-pronged
                                                          strategies to achieve the coveted objectives
        OPPORTUNITIES                                     of making India a US $ 5 trillion economy
                                                          by 2025 and a US $ 10 trillion economy
                                                          by 2030. This plan inter-alia involves the
        & CHALLENGES                                      policies of Making India, Aatma Nirbhar
                                                          Bharat with schemes like Production
                                                          linked incentive scheme (PLI), attracting
                                                          Foreign Direct Investment and smooth
                                                          implementation of select Government
                                                          schemes through the GATI SHAKTI
                                                          program. The need for development of
                                                          infrastructure has been well recognized
                                                          and National Infrastructure Pipeline was
                                                          announced for development of projects
                                                          worth 111 lac crores during 2020-2025.
                                                          This has been supplemented by scheme
                                                          of  Monetization  of  Assets  under  the
                                                          National Monetization Pipeline of 6 lac
                                                          crore. Infrastructure development has
                                                          multiplier effect on the rest of the economy
                                                          with positive impact on Industries like
                                                          steel, cement and coal and on overall
                                                          Employment generation.
                                                          We propose to examine here aspects
                                                          relating to the financing of infrastructure
                                                          under  the  Public  Private  Partnership
                                                          initiative and the emerging trends of and
                                                          challenges ahead.

                                                          B. Coverage of Infrastructure Sector:-
                                                          Various sub categories and activities
                                                          covered under infrastructure sector are
                                                          defined under the Harmonized Master
                                                          list of Infrastructure as notified by the
                                                          department of economic affairs ,Ministry
        Shri C. M Khurana
        Former CGM - CFO Oriental Bank of Commerce        of Finance from time to time. This list is
                                                          automatically  applicable  for  financing
        Former CGM (credit) IIFCL


        The Institute Of Cost Accountants Of India
        The Institute Of Cost Accountants Of India
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