This is the estimate of the spend on Infrastructure in the Budget, and I am goin gto assume that includes the Welfar infrastructure spend. If I only had more hands with me , it would have been simple to have a commitment on quant analysis

Of course CII and other interested parties ( read Vinayak / Feedback as Infrastructure advisor , speaking against the monopoly of a certain Pulok C. from the PMO - Profit Tv) have been more interested in pointing out implementation issues in Infrastructure incl allocation of Coal mines and work for the Infrastructure committee to approve executive review of projects in power and other infrastructure..Right of way on Road projects/ forest land in road projects, other infrastructure projects continue to hurt from Land acquisition which has been parked separately from the budget )

Most market participants would be happy with the FRBM structure in implementation by whatever name, with the Fisc discipline defined a sa upfront priority and some flak for Divestment followed by some quick big ticket divestments, but no PSE executive seems to be on board with the plan incl Kotak clients...

There is a second Citi- HDFCled Infra debt fund now apart fromthe one between HSBC and IIFCL/i3 

Posted via email from The India Investment Post