Mumbai, Jan. 20 -- CII is confident that the reform momentum will continue in the forthcoming Union Budget and has made several recommendations as it continues to engage with the policy makers on the next set of reforms. A central pillar of CII's recommendations is sustaining capital expenditure, wherein a revitalised, Rs 150 crore, National Infrastructure Pipeline (NIP) 2.0 could be launched. The focus should be on shovel-ready, revenue-generating projects and streamlined dispute-resolution mechanisms to accelerate infrastructure delivery and crowd-in private investment.

In parallel, CII calls for robust Development and Strategic Funding mechanisms to enhance India's long-term competitiveness. At the heart of this is the creation of an ...