Restarting India: Experts discuss impact of COVID-19 and bottlenecks in infrastructure pipeline
CNBC TV18 , Sep 15, 2020
In April, the government’s task force on the National Infrastructure Pipeline (NIP) had announced an investment roadmap worth Rs 111 lakh crore up to financial year 2025. Of the total planned investments, over 71 percent were pledged for expenditure in the energy sector, road sector, urban development and railways.
Now, a report by Emkay Global which has reviewed the top 1,000 projects, that account for over 80 percent of the pipeline value, only one fifth of the projects are at a close to tender-ready stage. The report adds that out of the Rs 104 lakh crore worth of project data, only about Rs 37 lakh crore worth of projects are in the development stage and less than 20 percent of the pipeline is close to being tender-ready.
To get a status check of how the COVID-19 outbreak has impacted timelines and investments and also to get a clear view of the bottlenecks in the infrastructure pipeline, CNBC-TV18’s Shereen Bhan spoke to Vinayak Chatterjee, the chairman of Feedback Infra; Shailesh Pathak, CEO of L&T Infra Development Projects and co-chairman for Roads and Highways on the FICCI Committee on Transport Infra and Anil Swarup, former coal secretary .