₹100 tn infra plan to roll out over 5 years

Capital expenditure expected from both govt and private sector

- Gireesh Chandra Prasad & Subhash Narayan

A grand plan to build India's infrastructure to a higher level is in the works, leveraging the vast amounts of money being pumped in by both the central and state governments, as well as the private sector, three people aware of the development said.

"The proposed blueprint will seek to build on the momentum gained in infrastructure creation and is expected to be a defining feature of the Modi administration's third term in office," one of the people cited above said.

This person said the capital expenditure (capex) for infrastructure is likely to touch ₹100 trillion in five years, which would be used to transform India's ports, airports, roads and other utilities.

The blueprint would include a ₹20-trillion master plan to develop 50,000 km of expressways, ₹2 trillion towards development of port infrastructure, and a ₹10-12 trillion plan to upgrade the railway network, among others.