The government has accorded infrastructure development the highest priority and allocated for it Rs.20 lakh crore in the Eleventh Five Year Plan, which ends March 2012. In the subsequent five-year plan, the government plans to double the allocation. ‘Infrastructure is critical for development. This huge quantum of investment cannot be funded by government alone. It needs to be supplemented by private participation,’ Patil said in her address to the joint session of parliament’s two houses, marking the start of the budget session. Read More
