Govt eyes $1 trillion infra outlay in 12th Plan: Sources
Published on Fri, Mar 19, 2010 at 19:00 | Source : CNBC-TV18
Updated at Mon, Mar 22, 2010 at 08:42
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Govt eyes $1 trillion infra outlay in 12th Plan: Sources
The government has targeted infrastructure investments of USD 1 trillion for the 12th Five Year plan, sources told CNBC-TV18's Rituparna Bhuyan. Around 50% of this will be from private investments.
The government has targeted infrastructure investments of USD 1 trillion for the 12th Five Year plan, sources told CNBC-TV18's Rituparna Bhuyan. Around 50% of this will be from private investments.
Growth in the gross domestic product (GDP) during the 12th Five Year Plan is seen at 9%.
Sources said the infrastructure investment target of the 11th Five Year Plan is to be missed marginally. The original target of Rs 20,56,150 crore is to be revised to Rs 20,54,205 crore. Infrastructure investment in the 11th Five Year Plan is seen at 8.37% of GDP in FY12.
Electricity capacity addition targets too are likely to be missed. Power addition in the 11th Five Year Plan is seen at 62,374 MW as against a target 78,700 MW.
However, telecom, airports, and oil & gas pipelines exceed the 11th Five Year Plan targets, sources added.
