"However, India still faces significant challenges to finance the infrastructure it needs to deliver sustainable growth, with funding requirements estimated at around $200 billion a year through FY2017," it added.
A weak global economy will pull down India's growth rate to 7.4 per cent in the next fiscal from 7.6 per cent this year but more reforms will help#
Public banks' non-performing assets and an over-leveraged corporate sector leave limited scope for more private investment in infrastructure and highlight the need for policy actions, the report said. (SH)
ALCHEMPro News Desk – India
marketing@alchempro.com
