NEW DELHI: With land acquisition issues delaying infrastructure projects, particularly highways, airports and power, the Economic Survey has called for faster onboarding of digital land records and obtaining clearances.
The report highlights that despite the large build-up of connectivity infrastructure and energy-related assets, both sectors are hit by delays in land acquisition.The govt is tackling it by focusing on developing access-controlled NHs and upgrading existing ones. “Implementing single-window clearances is crucial for enhancing roadway services’ efficiency and effectiveness in India’s transportation network,” it said.
The report also said that India needs more private participation in building infrastructure, along with more data about investments and assets in the sector, instead of relying on public expenditure. Private sector participation is not forthcoming to the extent desired, it says.
“For India to continue building quality infrastructure, a higher level of private sector financing and resource mobilisation from new sources will be crucial. Facilitating this would not only require policy and institutional support from the Centre, but state and local govts would have to play an equally important role,” the survey said.
The report highlights that despite the large build-up of connectivity infrastructure and energy-related assets, both sectors are hit by delays in land acquisition.The govt is tackling it by focusing on developing access-controlled NHs and upgrading existing ones. “Implementing single-window clearances is crucial for enhancing roadway services’ efficiency and effectiveness in India’s transportation network,” it said.
The report also said that India needs more private participation in building infrastructure, along with more data about investments and assets in the sector, instead of relying on public expenditure. Private sector participation is not forthcoming to the extent desired, it says.
“For India to continue building quality infrastructure, a higher level of private sector financing and resource mobilisation from new sources will be crucial. Facilitating this would not only require policy and institutional support from the Centre, but state and local govts would have to play an equally important role,” the survey said.