Mr. Yancharla Rathnakara Nagaraja, Managing Director, Ramky Infrastructure Limited.
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The budget introduces a range of infrastructure proposals aimed at fostering growth and improving efficiency across sectors. The emphasis on Public-Private Partnerships (PPP) through the creation of a 3-year pipeline of projects for each ministry reflects a clear intent to leverage private sector involvement in infrastructure development. This is further supported by the India Infrastructure Project Development Fund (IIPDF), which encourages state governments to seek assistance in project execution.
The ₹1.5 lakh crore outlay for interest-free loans to states underscores the importance of supporting regional development and incentivizing reforms. The second Asset Monetization Plan (2025-30) will unlock value from public assets, reinvesting capital into further infrastructure projects.
The ₹1 lakh crore Urban Challenge Fund is dedicated to urban reforms, focusing on improving governance, municipal services, and urban planning. Additionally, the modified UDAN scheme, which aims to enhance regional connectivity, alongside the development of greenfield airports in Bihar and the expansion of Patna airport, will significantly improve transportation infrastructure.
The support for projects like the Western Koshi Canal ERM Project demonstrates the commitment to improving agricultural infrastructure. Lastly, providing private sector access to the PM Gati Shakti portal data is a crucial step toward optimizing project planning and execution, fostering greater collaboration between public and private entities in shaping the future of India’s infrastructure.”