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Potential of India’s water infra schemes: $270 bn

DNMUM439405 | 7/17/2019 | Author : Sanjay Jog | WC :388 | India

New report suggests it can be an investment opportunity over next 15 years

In what comes as a shot in the arm for the Narendra Modi government’s flagship project -- strengthen water infrastructure -- a report published by Bank of America Merrill Lynch claims that it will have an investment potential worth $270 billion over the next 15 years.
Of this $270 billion, a whopping $168 billion will be required for river linking, $94 billion for piped water supply, $4.5 billion for Prime Minister’s Krishi Sinchai Yojana and $3.8 billion for Namami Gange. These projects will be jointly implemented by the Centre and the state governments with the involvement of the private sector.
In its comprehensive report titled ‘’India Water Infra: A multi-billion dollar opportunity,’’ Bank of America Merrill Lynch said t
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