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India will privatize its infrastructure

2021-08-25T16:00:56.481Z


The concession of roads, rails and power lines must bail out the state. More than 26,000 kilometers of roads, 400 railway stations, 90 passenger trains, 28,000 kilometers of power lines, nearly 15,000 telephone relay towers or even a handful of airports. This Prévert-style inventory designates infrastructure owned by the Indian state that the latter has announced that it wants to concede to private operators. The objective of the Minister of Finance, Nirmala Sitharama


More than 26,000 kilometers of roads, 400 railway stations, 90 passenger trains, 28,000 kilometers of power lines, nearly 15,000 telephone relay towers or even a handful of airports.

This Prévert-style inventory designates infrastructure owned by the Indian state that the latter has announced that it wants to concede to private operators.

The objective of the Minister of Finance, Nirmala Sitharaman, of the government of Narendra Modi, is to bring into state coffers the equivalent of 69 billion euros in four years.

See also

In India, the lack of statistics is slowing the recovery

This plan amounts to

"selling the crown jewels", the

fruit of seventy years of public spending, blasted Tuesday Rahul Gandhi, the leader of the Congress Party, the main opposition formation for a long time in power, quoted by the

Business Standard

.

The State will not sell its assets but put them under concession via, in some cases, public-private partnerships.

The final value of the privatized assets will be determined by transparent tenders,

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Source: lefigaro

All news articles on 2021-08-25

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