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Private sector infrastructure companies have given a thumbs-up to the equal priority accorded to development of water projects, sanitation and water conservation efforts in key programmes like JNNURM and Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT).
Sharing his perspective with Construction Week, Subhash Sethi, vice chairman, Subhash Projects and Marketing Ltd (SPML), the Kolkata-based company with interests across water, infrastructure, power and environmental engineering said, “These initiatives can definitely improve the social infrastructure scenario of the nation. Provision for basic amenities is one of the foremost requirements for overall development of the nation.
Lauding the government’s infra focus in the recent budget Sethi said, “The budget has sent the right signals to the industry with its emphasis on infrastructure development. The government’s continued support and promotion should provide the necessary fillip to accelerate the overall growth and development in the country. We also look forward to contributing to the development through speedy and efficient execution of such projects.”
“Investments into water and sanitation sector will have a positive impact on the economy,” opined Jitendra Jain, CEO & MD of the Mumbai-based realty and infra services company Neev Group that has recently bagged water development projects worth more than Rs150 crore from the Municipal Corporation of Greater Mumbai.
According to Jain the country was witnessing just the beginning of an infrastructure development boom. “I expect its positive impact to last for at least 20 years and this will only be possible if our infrastructure meets global standards for which the domestic industry has to become globally competitive,” he said.
 

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Sept 2020
01 Sep 2020