Redefining Infrastructure: A Pathway For Future

1. INTRODUCTION

The Ministry of Finance has recently mandated a high-level committee led by Mr. Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister of India, to redefine the scope of activities and sub-sectors to be classified under the infrastructure sector. The high-level committee has been called to action for undertaking a comprehensive evaluation of the parameters for defining infrastructure and highlight various segments which are crucial for the economic development, and which urgently require the financial augmentation due for critical infrastructure sectors. Experts believe that this re-evaluation of the sectoral classification is being done in light of the economic, social, and technological changes in the economy over the last few years.