The Cornerstones of Nation-Building
01 Dec 2019
The infrastructure and real-estate sectors’ contribution to India’s GDP is the highest at 29.5 per cent, compared to 22.6 per cent for the US and 17.6 per cent for China, says PK MISHRA.
Infrastructure is the lifeline of the economy and the government should focus on initiating policies to ensure the timebound creation of world-class infrastructure.
The two most important pillars of the Indian economy are delicately poised. Real estate is ahead on the curve, emerging stronger and more mature from the economic downturn. Infrastructure, on the other hand, has just started slowly getting back on its feet. Both sectors will require the right focus from all stakeholders to ensure their potential is fully explored.