Private capex revival expected

The jury is out as to whether in the net analysis the flat infra spend will lead to a slowing of GDP growth compared to earlier years

- VINAYAK CHATTERJEE, FOUNDER, FEEDBACK INFRA PVT LTD

indicates that the nation (both the Centre and states) has hit a roadblock on project development and execution capacity. Frankly, such a situation is unacceptable for a nation striving to pull millions out of poverty and create an upsurge of jobs. It also raises alarm bells that such a response could lead to a vicious cycle of execution constraints resulting in reduced outlays in future.