Terming India’s infrastructure need as “enormous”, which government alone cannot fulfil, Prime Minister Manmohan Singh on Friday said partnerships with private sector will be encouraged in this sector so that it is no longer a serious constraint limiting the economic growth.
Inaugurating a plush integrated terminal of Chhatrapati Shivaji International Airport here which cost Rs. 9,800 crore, he said, “India’s infrastructure needs are enormous. The infrastructure deficit in the country is considered as a serious constraint limiting our rate of economic growth.
“And, therefore, we need to work doubly hard to bridge this deficit.”
Noting that the government alone could not make “very large investment required to build world-class infrastructure in the country”, he said “we have been encouraging partnerships with the private sector” and construction of this terminal was “yet another shining example of successful execution of large infrastructure projects under the Public Private Partnership model.”
Government planned to develop and operationalise 50 more airports across the country in Tier-2 and Tier-3 cities, he said, adding that the last ten years have seen “outstanding development of civil aviation infrastructure in our country.”
10/01/14 PTI/The Hindu
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Inaugurating a plush integrated terminal of Chhatrapati Shivaji International Airport here which cost Rs. 9,800 crore, he said, “India’s infrastructure needs are enormous. The infrastructure deficit in the country is considered as a serious constraint limiting our rate of economic growth.
“And, therefore, we need to work doubly hard to bridge this deficit.”
Noting that the government alone could not make “very large investment required to build world-class infrastructure in the country”, he said “we have been encouraging partnerships with the private sector” and construction of this terminal was “yet another shining example of successful execution of large infrastructure projects under the Public Private Partnership model.”
Government planned to develop and operationalise 50 more airports across the country in Tier-2 and Tier-3 cities, he said, adding that the last ten years have seen “outstanding development of civil aviation infrastructure in our country.”
10/01/14 PTI/The Hindu
