Gadkari: India Ready for ₹10 Lakh Crore Infra Surge
Gadkari: India Ready for ₹10 Lakh Crore Infra Surge
Union Minister Nitin Gadkari outlines sweeping road infra reforms—90% land acquisition upfront, FASTag tolling, and NBFC participation to back a ₹10 lakh crore infra surge.
At the BT Banking and Economy Summit, Union Minister Nitin Gadkari outlined sweeping reforms in India’s road infrastructure and the BOT model. He said the government has redesigned agreements to reduce contractor risk, introduced revenue-sharing safeguards, and accelerated clearances with 90% land acquisition before project awards.
With FASTag, technology-led tolling, and NBFC participation, collection costs have fallen, boosting efficiency and transparency. Gadkari highlighted massive expressway expansion, North East connectivity projects, green construction innovations, and reduced logistics costs.
Confident in funding and execution capacity, he asserted India can execute projects worth ₹10 lakh crore without financial constraints.
He also pointed to highway monetisation through InvIT, TOT, BOT and hybrid annuity models that have unlocked massive investor confidence, claiming projects worth ₹1.5 lakh crore can be monetised in days. 90% land acquisition before awarding, full environmental clearances, and restructuring stalled projects to protect banks from NPAs were cited as key reforms. With strong IRRs, growing automobile demand, and falling logistics costs, infrastructure is now financially viable, bankable, and central to India’s growth story.
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