Infrastructure Privatisation for Growth: Economic Affairs Secretary

Big infrastructure and privatisation drives are in the works to give growth a boost with the government watching as many as 14 indicators every week to keep tabs on economic recovery, Economic Affairs Secretary Tarun Bajaj said. The central government is monitoring 14 parameters on a weekly basis to keep a check on economic recovery, Bajaj added. The announcements made as part of the self-reliance economic package were being monitored closely, to the level of implementation. Also, the government is banking on big infrastructure projects in road and railways sectors and privatisation drives to boost the economy, he added. In addition, it is looking at innovative ways to finance infrastructure spending. Bajaj further stated that the cabinet secretary has already held a meeting to get the infrastructure plan going and Finance Minister Nirmala Sitharaman will hold a review soon.