THE PORTFOLIOS ALLOCATED to the ministers of the NDA government, which returned for a third term after the General Elections, was proof, if proof was needed, that there wouldn’t be much change.
Many of the top ministers retained their posts, despite the BJP falling short of the majority mark in Parliament. This was especially true for the transport infrastructure space, but for a change in the aviation ministry.
Industry players and rating agencies are relieved. The infrastructure sector had been the crown jewel of the Narendra Modi-led government’s last two terms—it had pressed the accelerator on a slew of road, rail, and aviation projects. And it’s clear that the government intends to pick up from where it left off before the General Elections were called.
World-class infrastructure development is a core component of the Modi government’s ‘Viksit Bharat 2047’ (Developed India) vision. And the next five years, it is believed, will get the ball rolling on decisions related to capex allotment, fine-tuning of the blueprint, and incorporating technology to modernise the
