Sources say that while the revenue share model in the MCA for the private developers have been finalised it is still awaiting legal vetting.
While the Sensex and the Nifty fell a little over 20% in 2011, infrastructure stocks--whether power or road contractors--fell by over 50%, in some cases even as much as 80%.
Large private sector CEOs' have been very concerned about the investment cycle being very tepid. However, Gajendra Haldea, Adviser to Deputy Chairman and Principal Adviser of infrastructure at Planning Commission indicated that the sentiments and speculations are far more exaggerated than the reality.
India's infrastructure debt fund may get announced in next month or two, Gajendra Haldea, infrastructure adviser at the Planning Commission, said on Thursday.
India is likely to narrowly miss its target of investing $500 billion in infrastructure under the five-year plan ending in 2012, a senior official at the country's Planning Commission said on Friday.