{"id":304916,"date":"2018-10-31T16:11:05","date_gmt":"2018-10-31T16:11:05","guid":{"rendered":"http:\/\/tehelka.com\/?p=304916"},"modified":"2018-10-31T16:11:05","modified_gmt":"2018-10-31T16:11:05","slug":"india-needs-4-5-trillion-till-2040-for-infrastructure-development-niti-aayog-ceo","status":"publish","type":"post","link":"https:\/\/tehelka.com\/india-needs-4-5-trillion-till-2040-for-infrastructure-development-niti-aayog-ceo\/","title":{"rendered":"India needs $4.5 trillion till 2040 for infrastructure development, Niti Aayog CEO"},"content":{"rendered":"<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-304917 alignleft\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2018\/10\/Screenshot_20181031-213923__01-300x253.jpg\" alt=\"\" width=\"300\" height=\"253\" srcset=\"https:\/\/tehelka.com\/media\/2018\/10\/Screenshot_20181031-213923__01-300x253.jpg 300w, https:\/\/tehelka.com\/media\/2018\/10\/Screenshot_20181031-213923__01-768x647.jpg 768w, https:\/\/tehelka.com\/media\/2018\/10\/Screenshot_20181031-213923__01-696x586.jpg 696w, https:\/\/tehelka.com\/media\/2018\/10\/Screenshot_20181031-213923__01-499x420.jpg 499w, https:\/\/tehelka.com\/media\/2018\/10\/Screenshot_20181031-213923__01.jpg 816w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>India will need $4.5 trillion of investment for development of Infrastructure sector till 2040, in order to improve overall economic growth and community well-being, Niti Aayog CEO Amitabh Kant said on October 31 during an event organized by Dun &amp; Bradstreet (D&amp;B).<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">CEO Kant said that the Indian economy is witnessing a growth of 7.5% per annum and there is a need to focus on building quality infrastructure to boost economic growth.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">&#8220;Therefore, the country needs to focus on building quality infrastructure,&#8221; he stressed.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Noting the delays in the completion of infrastructure projects, Kant added that there is an urgent need to restructure entire existing public-private partnership framework.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">He also pointed out that the government has been focusing on the infrastructure sector.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">He further added that creating infrastructure initially through government spending is better, &#8220;but then as soon as it completes projects, the government must get out of the infrastructure projects because it is extremely poor at operation and maintaining infrastructure projects&#8221;.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India will need $4.5 trillion of investment for development of Infrastructure sector till 2040, in order to improve overall economic growth and community well-being, Niti Aayog CEO Amitabh Kant said on October 31 during an event organized by Dun &amp; Bradstreet (D&amp;B). CEO Kant said that the Indian economy is witnessing a growth of 7.5% [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":304917,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[167],"tags":[9125,2407],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/304916"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=304916"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/304916\/revisions"}],"predecessor-version":[{"id":304918,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/304916\/revisions\/304918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/304917"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=304916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=304916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=304916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}