The Bharatiya Janata Party government in Rajasthan is examining some innovative financial options, including public-private partnership (PPP), for securing increased funding for the expansion of road infrastructure. Infrastructure investment trusts, asset monetisation and corporate responsibility frameworks are some of the choices being considered in this respect.
Rajasthan ranks seventh in terms of the State highways and second largest in terms of the national highways in the country. The Rajasthan State Highways Authority has started adopting new measures to cater to the need for better connectivity and facilitate innovative investment and financing models.
Deputy Chief Minister Diya Kumari, who holds the Public Works Department portfolio, said here that the development of highways would be crucial for the success of the national-level flagship programmes with better rural connectivity. Ms. Kumari said the potential for the development of industries and tourism in the State could be fully exploited with the construction of roads of good quality.
