While India’s policymakers have increasingly been giving importance to the private sector, as regards the participation and investment in infrastructure, not too many American companies have availed of this opportunity. There have been many issues regarding the regulatory framework, bureaucratic delays etc. All this is set to change. The recent surveys have shown a persistent trend of increasing satisfaction among the overseas investors at the changes that are taking place in India. The situation in the infrastructure sector is not different. The summarized proceedings of the above-mentioned conference are useful in this context, and would serve to update the reader on the developments that are taking place in this important sector. The broad conclusions, as understood by the authors, are reproduced in this article.
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Paper provided by EconWPA in its series Law and Economics with number
0505007.