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Around 20-28 kms of roads are claimed to be built per day in India. This may be almost 60-70 per cent less than what a television advertisement, many of those that highlighted Modi Government’s achievements claimed, at 100 km per day. To boost road infrastructure, private investments are expected to fund as much as 55 per cent against the government target of building 2500 km of roads in the FY2016-17. These would be in the form of BOT and EPC. The requirement, claim industry sources, would be in the region of Rs.2.4 trillion. A vast majority of it is expected to be secured through bank loans. Some three-quarters from brank credits, the total bank credit for projects in FY2016-17 amounting to an estimated Rs.1.8 trillion. Interestingly, claim industry sources, that the the total bank credit required to finance 25,000 km of roads in FY2016-17 would amount to the same as the total outstanding bank credit to the road sector itself.

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  1. Pingback: Govt Faces Uphill Battle To Meet Road Construction Target | QuickTruck

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