₹100 lakh cr infra plan to roll out over 5 years

Capital expenditure expected from both government and private sector

- Gireesh Chandra Prasad & Subhash Narayan

NEW DELHI: 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 lakh crore in five years, which would be used to transform India's ports, airports, roads and other utilities.

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