The 12th Plan envisages an investment of `1 trillion in infrastructure during the Plan period
Industrial growth in the country has been a matter of concern in recent months as it has been stagnant and even declining, with the Index of Industrial Production (IIP) growth rate down to 0.7% during the April-December 2012 period. One of the most important factors responsible for this is the state of our transport infrastructure and services. The proposals on infrastructure by the finance minister on 28 February and those made earlier on 26 February by the railway minister are, therefore, critical.
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