Infrastructure Sector Under Coalition Government
ICRA expects the new government will continue to maintain its thrust on the Infrastructure sector, with continued strong outlay towards Railways, Roads, and Water (drinking as well as sewage). There could be some re-prioritisation between various infra sub-segments to accommodate all the stakeholders. However, the capital outlay towards infrastructure is expected to sustain the healthy growth momentum, given the overall GDP multiplier effect of infrastructure spending and consequent job creations in the unskilled and semi-skilled segment.
Tags : Ashish Modani ICRA Limited infrastructure sector coalition government GDP