Investments
Urban infrastructure investments estimated to be US$65Billion
There are many gaps in Indian urban infrastructure with respect to water supply, sanitation, waste management, public transport, housing and facilities for urban poor. It is estimated that during the 11th five-year-plan, the fund requirement for urban transport is Rs 1,31,000 cr (US$33Billion) and Rs 1,29,000 crores (US$32Billion) for water supply, solid waste management and sanitation . A resource gap of nearly 89,237 crores (YS$22Billion) will still be needed to meet urban infrastructure needs. Public Private Partnerships (PPPs) are the key to overcome the resource gaps in urban infrastructure. The government has set up a high-powered expert committee to estimate investment requirements for urban infrastructure in India for the next 12 years 2008-.2020. .Indian Urban Sector competing with the best cities in the developing countries to attract investment. There is an urgent need to invest in creating world class urban infrastructure to increase India’s competitiveness. There is a huge and widening gap between the demand and supply of funds for financing Urban Infrastructure Projects
Urban water, sanitation and transport infrastructure require US$95Billion
The Central Public Health Engineering (CPHEEO) has estimated fund requirement of Rs. 172,905 crore for 100% coverage of the urban population under safe water supply and sanitation services by 2021.
Rail India Technical & Economic Services (RITES) has estimated fund requirement for Urban Transport Infrastructure at Rs. 207,000 crores over the next 20 years
Public Private Partnership (PPP) in India
The major advantages of (PPP) are increased fund availability which will reduced burden on government exchequer, better service delivery, improvement in financial viability of the project, reduction in time and cost over-runs, better realization of user charges, availability of technologically advanced projects, possibility of innovative project structuring, planned development of identified cities including urban areas, outgrowths and urban corridors leading to dispersed urbanization