Year: 2024 | Month: June | Volume 69 | Issue 2
Unlocking Economic Growth: The Transformative Role of
Infrastructure Finance in India
Rakesh Kumar Garg
N. Biswas
Binaca Agarwal
Vinay Pratap Singh
Ruchi Tripathi
DOI:10.46852/0424-2513.3.2024.30
Abstract:
Recognizing the transformative impact of strategic investments in PPP Model, this study investigates how infrastructure development can serve as a linchpin for sustained economic prosperity. Through an exploration of key sectors such as transportation connectivity-air, road and rail, energy, and water supply & sanitation, the paper aims to highlight the multifaceted benefits of robust infrastructure on overall efficiency, business expansion, and job creation. The research emphasizes the need for a comprehensive and sustainable approach to infrastructure finance, advocating for a balanced mix of public and private investments. The paper also addresses the importance of transparent regulatory frameworks, risk mitigation strategies, and efficient project planning to attract private investors and ensure the successful implementation of infrastructure projects. By elucidating the potential multiplier effects and global
competitiveness implications, the paper provides valuable perspectives for investors, policymakers, and scholars seeking to comprehend the intricacies of transformative dynamics of infrastructure-led economic growth in India. This research paper delves into the pivotal role of infrastructure finance as a catalyst for unlocking economic growth in India.
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