Download or read book Infrastructure Finance written by Henry A. Davis and published by Euromoney Books. This book was released on 2008 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Gives a broad view of trends and techniques in infrastructure financing around the world today. The title considers a wide range of projets including transport, water systems, power and toll road privatisation. Themes include the rising need for infrastructure investment, the quality of country infrastructure, government budget limitations and benefits and risks of investment." - publisher's website.
Download or read book Financing Infrastructure in India written by Mr.James P Walsh and published by International Monetary Fund. This book was released on 2011-08-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Driving infrastructure development, notably mobilizing financial resources for infrastructure projects, has been challenging in many countries. This study includes two parts: an empirical analysis of macroeconomic risks associated with infrastructure booms, and a case study of four emerging economies about their practice of funding infrastructure development. The study shows that (i) there is no empirical evidence that rapid infrastructure growth would undermine contemporary macroeconomic performance, implying that room is created to accommodate infrastructure booms without compromising fiscal and external sustainability; (ii) banks may play an important role in financing infrastructure, but caution is needed to avoid directed lending and regulatory forbearance that the authorities may use to promote financing; (iii) capital market development is important to accommodate the usually high financing needs, and encouraging private investors to move into infrastructure would require regulatory and institutional improvements; and (iv) public support, including credit guarantees, may help bolster investors' confidence, but the authorities should carefully monitor and manage fiscal risks.
Download or read book Infrastructure Financing in India written by Kumar V. Pratap and published by Oxford University Press. This book was released on 2023-10-21 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments the world over want to spend more on infrastructure (the benchmark for developing countries is 7-8% of GDP per annum) to lay the foundation for sustained and inclusive growth. India is no exception. It realizes that more needs to be spent on infrastructure for the country to regain its position as the fastest growing large economy in the world. While India spent about 7.2% of its GDP on infrastructure during the Eleventh Plan period (2008-12), this number has recently come down to approximately 5%. The backdrop of the book is the ambitious National Infrastructure Plan (NIP); the Task Force report on the NIP was finalized in April 2020. Since infrastructure investment is crucial to faster and inclusive growth, it is timely that the NIP is actioned now, given that the Indian economy contracted to 7.3% in the financial year 2020-21. This book discusses various aspects of infrastructure financing in detail, with a major section devoted to green financing of infrastructure.
Download or read book Infrastructure Financing in India written by Kumar V Pratap and published by Oxford University Press. This book was released on 2023-09-30 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments the world over want to spend more on infrastructure (the benchmark for developing countries is 7-8% of GDP per annum) to lay the foundation for sustained and inclusive growth. India is no exception. It realizes that more needs to be spent on infrastructure for the country to regain its position as the fastest growing large economy in the world. While India spent about 7.2% of its GDP on infrastructure during the Eleventh Plan period (2008-12), this number has recently come down to approximately 5%. The backdrop of the book is the ambitious National Infrastructure Plan (NIP); the Task Force report on the NIP was finalized in April 2020. Since infrastructure investment is crucial to faster and inclusive growth, it is timely that the NIP is actioned now, given that the Indian economy contracted to 7.3% in the financial year 2020-21. This book discusses various aspects of infrastructure financing in detail, with a major section devoted to green financing of infrastructure.
Download or read book The India Infrastructure Report written by Sandipan Deb and published by DIANE Publishing. This book was released on 1998 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Produced by the National Council of Applied Economic Research in New Delhi. Provides an overview of the need for improvement of the infrastructure in India and makes recommendations for achieving this goal. Discusses the question of commercialization, investments required (1996-2006), the role of the capital market, necessary regulatory frameworks, and fiscal issues. Examines the urban infrastructure as well as other elements such as power, telecommunications, roads, industrial parks and ports. Includes a table of abbreviations and acronyms used in the report.
Download or read book The Infrastructure Finance Challenge written by Ingo Walter and published by Open Book Publishers. This book was released on 2016-11-21 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure and its effects on economic growth, social welfare, and sustainability receive a great deal of attention today. There is widespread agreement that infrastructure is a key dimension of global development and that its impact reaches deep into the broader economy with important and multifaceted implications for social progress. At the same time, infrastructure finance is among the most complex and challenging areas in the global financial architecture. Ingo Walter, Professor Emeritus of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University, and his team of experts tackle the issue by focussing on key findings backed by serious theoretical and empirical research. The result is a set of viable guideposts for researchers, policy-makers, students and anybody interested in the varied challenges of the contemporary economy.
Download or read book Securitization in India written by Jennifer Romero-Torres and published by Asian Development Bank. This book was released on 2017-11-01 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: India needs to spend close to Rs43 trillion (about $646 billion) on infrastructure through to 2022. Such a staggering requirement cannot be met though traditional sources such as public sector bank loans. India must immediately explore and quickly ramp up financing from alternative investment sources. This report provides an overview of infrastructure financing in India, sheds light on the challenges faced by the country's banking sector, suggests an optimal mechanism for securitizing the infrastructure assets of public sector banks, and outlines a range of scenarios and factors that must be in place for this mechanism to be successfully realized.
Download or read book Project Appraisal in Infrastructure Financing by Indian Banks written by Vikas Srivastava and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure contributes to economic development both by increasing productivity and by providing amenities which enhance the quality of life. The Planning Commission has estimated that investment in infrastructure - defined broadly to include road, rail, air and water transport, electric power, telecommunications, water supply and irrigation - will need to be of the order of about 14,50,000 cr or US$320 bn during the 11th Five Year Plan period. This is a requirement of immense magnitude. Not all of this investment can come from public resources. Reports about the Reserve Bank of India (RBI) asking banks to take on more exposure in financing infrastructure projects should prima facie be welcomed. The RBI's move is to garner the surplus in the banking sector and utilize it for building infrastructure assets. Banks' participation in infrastructure finance needs is to be preceded by a strong understanding of the risk return characteristics of the project per se, as well as of the risk mitigating and risk sharing techniques built into the financing structure. Most of this new investment is structured as project financing which deviates from traditional corporate finance. It is imperative, therefore that banks and financial institutions should have the requisite expertise for appraising the viability and bankability of projects. In this regard, the study explains the salient issues of project appraisal involved in infrastructure financing.
Download or read book Infrastructure Financing In Asia written by Bambang Susantono and published by World Scientific. This book was released on 2019-11-19 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: First, the book documents the evolution of Asia's infrastructure over the past half-century and reviews existing literature on the role of infrastructure investment in supporting growth and social development. It highlights the positive impact of mass transit investments on land and property values, and the possibility of taxing the increase in values to finance these investments. It then examines Asia's current practices and new solutions that can help meet the infrastructure gap. It discusses the role of institutions, how innovation can foster energy infrastructure investments, and the role of bond markets in infrastructure investments. The book explores ASEAN+3 efforts in developing local currency bond markets to provide long-term local financing for infrastructure investment while providing financial resilience. It also examines the use of green bonds to finance sustainable growth in Asia.
Download or read book Financing Infrastructure in Developing Countries written by Barry J. Eichengreen and published by World Bank Publications. This book was released on 1994 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Infrastructure Development and Financing in India written by N. Mani and published by . This book was released on 2012 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: Availability of adequate, efficient and affordable infrastructural facilities -- power, transport, communications, irrigation and others -- constitutes the core of development strategy and efforts. Unfortunately, infrastructural bottlenecks remain the biggest stumbling block of industrial progress in India. By their very nature, infrastructure projects involve huge initial investments, long gestation periods and high risk. Various initiatives have been taken for the development of infrastructure in India after the initiation of economic reforms in the early 1990s. India Infrastructure Finance Company Limited (IIFCL) was incorporated on January 5, 2006 to lend funds, of longer term maturity, directly to the eligible projects to supplement other loans from banks and financial institutions. Broad guidelines were issued on September 23, 2011 for setting up Infrastructure Debt Funds (IDFs) to facilitate flow of funds into infrastructure projects. Electricity Act, 2003 recognises trading of power as a distinct activity and permits State Electricity Regulatory Commissions (SERCs) to allow open access in distribution of electricity in phases that would ultimately encourage efficiency and competition. Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) was launched by the Prime Minister on April 4, 2005. This scheme is for rural electricity infrastructure and household electrification. The National Highways Development Project (NHDP)the largest highway project ever undertaken by the countryis being implemented by the National Highways Authority of India (NHAI). National Telecom Policy, 2011 seeks to maximize public good by making available affordable, reliable and secure telecommunication and broadband services across the entire country. Special Economic Zones Act, 2005 seeks to promote value addition component in exports, generate employment and mobilise foreign exchange. Planning Commission, Government of India, in its Approach Paper released in October 2011 has projected an investment in infrastructure of over ` 45 lakh crore (about US$ 1 trillion) during the Twelfth Five Year Plan (2012-17). It is projected that at least 50 percent of this investment will come from the private sector as against the 36 percent anticipated in the Eleventh Five Year Plan (2007-12). This book provides an exhaustive and analytical account of various facets of infrastructure development in India. It contains 32 chapters which are categorised under the following 8 theme parts: Part I: Infrastructure and Economic Development. Part II: Energy Needs, Sources and Management. Part III: Transport Services. Part IV: Telecommunications, Information Technology (IT), Postal Services, and Broadcasting. Part V: Special Economic Zones (SEZs). Part VI: Water Resources and Irrigation. Part VII: Rural Infrastructure and Services. Part VIII: Urban Infrastructure and Services. Besides, there are 9 Appendices which contain varied information on infrastructure in India.
Download or read book Infrastructure Financing written by Singh and published by . This book was released on 2018-05-04 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pramod Singh is an IIT IIM Alumnus and ex-Big4 Management Consultant advised Government of India, many State Governments , World Bank, DfID and ADB on various infrastructure projects across Asia & Middle East.As per recent World Bank Communication, Infrastructure development lies at the nexus of economic growth, productive investment, job creation, and poverty reduction. Financing the huge investment gaps in Emerging Market Economies (EMEs) - an estimated $1.3 trillion per year - is paramount to attaining the sustainable development goals, SDGs. As per recent report of McKinsey & Company, today the world invests some $2.5 trillion a year in the transportation, power, water, and telecom systems on which businesses and populations depend. Yet this amount continues to fall short of the world's ever-expanding needs, which results in lower economic growth and deprives citizens of essential services.Indian Infrastructure sector faces critical financing issues in terms of high cost of capital, challenges in obtaining non-recourse funding and dearth of long term funding sources due to the asset liability mismatch. There is a need for implementing a comprehensive strategy for addressing the issue of infrastructure financing in India involving efficient and innovative financing mechanism based on the emerging sectoral trends.In this context, this book is aimed to share some basic understanding about the complex world of infrastructure financing and contribute in the discussion of challenges faced by the Infrastructure sector and opportunities it offers to the present generation of global leaders and visionary economists.
Download or read book Why Infrastructure Financing Facilities Often Fall Short of Their Objectives written by Daniela Klingebiel and published by World Bank Publications. This book was released on 2000 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: To encourage the private funding and provision of infrastructure services, governments have used specialized financing facilities to offer financial support to investors. A study of five cases shows that these facilities have often fallen short of their objectives, for two main sets of reasons. First, the environment was not conducive to private participation in infrastructure. And second, the facility was faulty in design.
Download or read book Financing Infrastructure in Asia and the Pacific written by Naoyuki Yoshino and published by . This book was released on 2017-08-30 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments throughout the Asia-Pacific region recognize the catalyzing role of infrastructure investment for sustainable growth. Yet, they are faced with the problem of financing new infrastructure. This book provides the latest evidence on the impact of infrastructure investment on economic and social indicators. Presenting several country studies, the book explains how infrastructure investment can increase output, taxes, trade, and firm productivity. Based on this evidence, the book proposes innovative modes of infrastructure financing. Written by leading international experts in economic analysis of infrastructure, the book is an invaluable source for policy makers to better design infrastructure projects.
Download or read book Public Private Partnerships in Infrastructure written by Kumar V. Pratap and published by Springer. This book was released on 2018-01-09 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides readers with a clear understanding of infrastructure challenges, how Public‐Private Partnerships (PPP) can help, and their use in practice. Infrastructure bottlenecks are generally considered the most important constraint to growth in many countries worldwide. Historically, infrastructure projects have been financed and implemented by the state. However, owing to the fiscal resource crunch, time and cost over‐runs, and the general poor quality of publicly provided infrastructure, many emerging market governments, including India, have increasingly adopted PPPs with billions of dollars of investment riding on them. The results have been varied – from spectacular airports like the Delhi International Airport Limited with the associated controversy over land use, to the renegotiation of contracts as in the case of Tata Mundra Ultra Mega Power Project. Illustrating concepts with relevant case studies, the book makes the challenges of PPPs understandable to industry and management practitioners as well as students of management, public policy and economics. It is useful to practitioners wishing to avoid the pitfalls in the tricky terrain of PPPs and policymakers wanting guidance in crafting proper incentives. It also helps students gain a holistic and “applied” understanding of this increasingly important and popular model. “Public Private Partnerships (PPPs) in India are currently under stress. A comprehensive treatment of the subject by a long-time and erudite practitioner and a management academic, this book should be useful to students trying to learn the basics, while also being valuable to professionals and policy makers. The book suggests that the Government should hold bidders accountable to their submitted bids, thereby preserving sanctity of contract. This will discourage aggressive bidding which has become a serious and endemic problem. The book also suggests the use of better bidding criteria to mitigate traffic risk in transport projects. Policy makers should pay heed to these suggestions as they consider improvements in the PPP policy regime going forward.”—Arvind Subramanian, Chief Economic Adviser, India/div “For a fast-growing India, infrastructure creation and operation is a great challenge and opportunity. This excellent book combines theory and practice on PPPs, and is very useful for professionals and students alike. With case studies and current developments, the authors bring out issues in India with global experiences as well. A must-read for infrastructure practitioners.”—Shailesh Pathak, Chief Executive (Designate), L&T Infrastructure Development Projects Limited “India’s program of private participation in infrastructure attracted worldwide attention as it became one of the largest programs in emerging markets. As well as the volumes of finance mobilized, it garnered interest because of some of the innovative approaches developed, such as Viability Gap Funding. The Indian PPP story is well captured in this book, which also makes the point that India is seeing project cancellations and failures rise. The authors analyze the factors behind this and point the way to a more robust PPP market that learns from the experiences of the past.”—Clive Harris, Practice Manager, Public-Private Partnerships, World Bank/div
Download or read book Financing Cities written by George E Peterson and published by SAGE. This book was released on 2007-04-04 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights the need to boost infrastructure investment in cities as also the necessity for fiscal management across all levels of government-within the context of decentralizing service delivery responsibilities. The volume provides case studies reflecting various viewpoints and a range of success and failure stories from five countries. The topics covered include: - Impact of political and fiscal decentralization - Limitations on borrowing - Managing moral hazard - The role of the financial sector in striking a balance between controls and encouraging the local government to maintain fiscal discipline
Download or read book Financing Patterns for Infrastructure Projects written by Amareswar Mishra and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A compendium of analytic information on infrastructure finance, this book provides up-to-date treatment of deployable tools and techniques and practical applications of guidelines of the Reserve Bank of India and policies of the government of India on financing for infrastructure projects. It presents detailed financial methodologies for evaluating infrastructure projects, elucidating the fundamental principles, their applications and implications, the related risks and their mitigating strategies behind the assessment of such projects. The book will be useful to professionals engaged in various infrastructure sector projects such as roads and transportation, power, ports, airports, oil and gas pipelines, warehousing, urban infrastructure, water and sanitation, and more.
