Selection of Technical Consultants

Abstract

The Eleventh Five Year Plan envisages a steep rise in investment, public and private, in the infrastructure sectors - from Rs. 8,71,445 crore in the Tenth Five Year Plan to Rs. 20,56,150 crore in the Eleventh Plan. The share of private investment is expected to rise from Rs. 1,75,203 crore in the Tenth Plan to Rs. 6,19,591 crore in the Eleventh Plan, implying an increase of 3.5 times. The justification for promoting private participation in infrastructure lies in its potential to improve the quality of service at competitive costs, besides attracting private capital for funding public projects. The success of this endeavour, however, is predicated on a policy and regulatory framework that provides a fair, transparent and competitive environment.