Vinayak Chatterjee:

The time has come to implement a bunch of fresh initiatives.

Almost all discussions in the infrastructure space have focused on four key areas. They are: Setting out a national agenda and game-plan. Creating a shelf of bankable projects. Creating independent and autonomous regulatory authorities. Organizing long-term funds.

The first has been largely addressed with the Planning Commissions Consultation Paper titled Projections of Investment in Infrastructure during the Eleventh Plan, that was circulated in October 2007. (A critique of this appeared in Infratalk on Nov 19.) Issues and expectations relating to a shelf of projects have been discussed in the Infratalk dated Oct 15. The shocking lack of attention to neutral, independent regulatory authorities has been repeatedly documented in this newspaper by Sunil Jain through a series of incisive expos s

Fresh thinking on long-term funds and an agenda for action are ably captured in the recommendations of two committees, both set up by the finance ministry. One is the Report of the Committee on Infrastructure Financing , popularly called the Deepak Parekh Committee Report. Its Report was submitted in May 2007. Full Story...

Posted by dcjaya at December 26, 2007 10:08 PM