Source: The Hindu

NEW DELHI: A report sponsored by the house of Tatas, released by Prime Minister Manmohan Singh here on Sunday, has proposed the payment of subsidy for luring private players into investing in the development of rural infrastructure at an estimated cost of Rs.1,58,313 crore.

The "India Rural Infrastructure Report" has pointed out that rural India - home to 70 per cent of the country's population - would require Rs.92,690 crore(at 2002-03 prices) for providing telecom connectivity alone. This apart, an amount of Rs.55,243 crorewould be necessary for power supply, Rs.5,892 crorefor roads and transport and Rs.4,488 crorefor water and sanitation.

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Posted by pichu at December 18, 2006 12:51 PM