Dipak Parekh committee report 2013 Parekh panel
Final report of Parekh panel by fiscal-end: IDFC’s Rajiv
Lall
The final report of the Dipak Parekh committee report on
infra financing is likely to come out by the end of this fiscal, infra
financing firm IDFC Chairman Rajiv Lall said.
Lall, a member of the Parekh committee pointed out that when the country is planning to invest $1 trillion in the infrastructure space in the next five years, financing of these projects will be critical for success and as much as half of this targeted spending has to come from the private sector.
The draft panel report called for hiking power and natural gas charges, and rail fares, apart from allowing 100 per cent FDI in telecom from 74 per cent, improving environment for private investment, reforms in power distribution, allowing coal imports through STC, MMTC or directly through power producers and expedite green-field airports among others.
Lall, a member of the Parekh committee pointed out that when the country is planning to invest $1 trillion in the infrastructure space in the next five years, financing of these projects will be critical for success and as much as half of this targeted spending has to come from the private sector.
The draft panel report called for hiking power and natural gas charges, and rail fares, apart from allowing 100 per cent FDI in telecom from 74 per cent, improving environment for private investment, reforms in power distribution, allowing coal imports through STC, MMTC or directly through power producers and expedite green-field airports among others.
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