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Solar Project Financing Market Size Worth $1150 Billion By 2030: IndustryARC

Solar Project Financing Market Size Worth $1150 Billion By 2030: IndustryARC
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India urbanisation: View: India urbanisation critical for getting developed tag

Building the necessary infrastructure will be key for creating livable, climate-resilient, and inclusive cities that drive the economy forward. Since nearly 70 % of the urban infrastructure needed by 2047 is yet to be built, sizeable investments will be required. By 2036, India will need to invest $840 billion in infrastructure - an average of $55 billion or 1.2 % of GDP per annum. However, estimates suggest that between 2011 and 2018, the country s total capital expenditure on urban infrastructure averaged only 0.6 % of GDP, half the required quantum of investment.

Govts tasked on affordable housing fund

Governments at all levels have been urged to establish an Affordable Housing Fund to provide grants, interest free or low-interest loans, tax credits and

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