India Needs Higher Infra Capex For 2 Decades

New Delhi: Investment in the infrastructure sector needs to be continuously scaled up over the next two decades to sustain a high growth rate while the government needs to come up with ways to increase private sector financing and tap new avenues to mobilise resources, the Economic Survey said on Friday.

“India needs a continued step-up of infrastructure investment over the next two decades to sustain a high rate of growth,” said the Economic Survey 2024-25 tabled in Parliament. In the first quarter of FY25, the constraints on new approvals and spending during the general elections, coupled with heavy monsoon in many regions, affected the progress of the infrastructure spending, said the latest survey.