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Safeguard infra projects from cost overruns × Spikes in steel and cement prices can derail projects. Policies that promote the use of alternative inputs will help lower costs National infrastructure plans reflect the country’s growth priorities, improve the quality of life, and aids the process of economic growth. In a globalised world, sustained infrastructural development has become synonymous with pragmatic planning. The Indian economic model is also predicated on provisioning robust and inclusive infrastructure development. Several steps have been taken in this direction in terms of realignment of policies, greater budgetary allocations, roll out of special funds, and identification of priority areas. With the announcement of new initiatives like National Infrastructure Pipeline and India’s own Development Finance Institution, infrastructure development is being pursued with renewed commitment.

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