This site provides detailed information on
India Infrastructure Fund. The site also focuses on the current scenario and reforms effected by the government for
funding infrastructural development in India.
The
Ministry of Finance and
Department of Economic Development hold that
economic development of India is directly connected with availability of basic and
modern infrastructure in India. The
government of India has now formulated
policies to forge public and private partnership to facilitate
India Infrastructure Fund accumulation.
India Infrastructure Fund is a recently implemented reform program, involving a paradigm shift of stance to develop
Indian infrastructure through
private-public joint venture.
Indian economy is now feeling the heat of
basic infrastructure constraints, both physical and human.
Infrastructure investment in India always occupied the back-seat in the
economic development policy draft. The budgetary allocation proved to be too little to keep pace with other areas of
business development in India.
To add to the problem, the growth of Indian IT, Telecommunication, Manufacturing, Pharmaceuticals, and manufacturing industries has almost exhausted the limited
world class infrastructure that was at India's disposal. The
India Infrastructure Fund is a pool of monitory contribution from
public and private investor and also includes
foreign investors.
Some landmark development achieved with the help of
India Infrastructure Fund are:
Roads
- Highway construction
- Four-lane National Highways of 35000 km
- Highway related en route activities like restaurants, motels, and rest/parking areas as decided by the implementing agency
Ports
- Construction and operation of container terminals
- Construction and operation of break-bulk, multipurpose and specialized cargo berths
- Warehousing, container freight stations, Storage facilities and tank farms
- Dry docking and ship repair facilities
- Pilotages
- Captive facilities for port based industries
Civil Aviation
- Construction of world class international airports in five cities, permitting upto100% foreign equity investment announced
- Important private sector aided airport projects in Kochi, Bangalore etc announced
- Other private sector aided airports planned; Ahmedabad airport, Amritsar airport upgradation, Chennai cargo complex, new international terminal and a second runway for Delhi airport, runway extension and international block for Jaipur airport
- Green-field airports
Construction of terminal / facilities and Ground handling
Others
- Real estate
- Malls, business, and entertainment facilities
