ALL DRESSED UP AND NOWHERE TO GO - INDIA INFRASTRUCTURE REPORT

The basic strategy proposed in the India Infrastructure Report prepare d by the Expert Group on the Commercialisation of Infrastructure Proje cts appointed by the ministry of finance is for the government to retr eat as investor, to provide space for private participation, even whil e continuing to facilitate and provide numerous financial crutches for the private sector. But even all of these very expensive measures do not guarantee that the private sector would respond positively to inve st in areas which are both risky and not-so-profitable.