View: A robust ecosystem for project implementation is a must for efficient development of infrastructure

Budget 2021 is likely to serve as a bridge for resilient and inclusive growth, after a period of turbulent and elevated macroeconomic uncertainty. Among the key measures announced is the push to infrastructure development.The need for infrastructure investment is large, urgent and ever increasing. The National Infrastructure Pipeline (NIP) task force report pegged India’s infrastructure investment requirement at ₹111 lakh crore over 2019-25.