ABSTRACT

This chapter addresses the achievements, policy developments and problems faced by various sectors during the calendar year 2012. Physical and financial progress is tracked in these crucial sectors, along with the introduction of new policies and participation of the private sector. The Indian infrastructure sector continues its sluggish journey in 2012, marked by poor macroeconomic forces, policy gridlock and political instability. India's infrastructure needs the governments renewed attention to restart an almost stagnant economy. It is imperative to strengthen the regulatory and governance processes to ensure smooth transition to a sustainable higher economic growth trajectory. It is not only important to find solutions to infrastructure project impediments, but also critical to find the right balance between growth and environmental concerns. Finally, de-politicisation and ensuring operations on efficient and commercial principles is critical for realising the targets of the 12th Five-Year Plan.